299 Bank Street

For Sale

299 Bank Street, Ottawa, ON K2P 0

This Ottawa property for sale is located at 299 Bank Street. The current listed sale price for 299 Bank Street is $5,850,000.

Contacts

broker
John Zinati

Zinati Realty

Property Details

  • Property Type Retail - Street Retail
  • Property Size 18,000 SF
  • Date Updated Sep 16, 2025
Located in Centretown on Bank at Somerset StreetOWNER OCCUPIER / INVESTMENT OPPORTUNITY. Two storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. Long standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second floor office tenant has approx. 6,000 SF of creative open concept office space which includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for purchaser to occupy part or whole building. No options to renew in place but both tenants willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a 10 minute walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Easy access to buses, LRT and highway
  • Estimated Net Operating Income of $309,883.07
  • Future ability to install elevator to second floor
  • High traffic area at Bank St and Somerset St
  • Two established tenants pay utilities through separate meters

Getting around

  • 100/100

    Walk Score ®

  • 89/100

    Transit Score ®

  • 99/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ottawa, ON
  • Neighborhood Centretown
  • Postal Code K2P 0

Points of Interest

  • Parliament

    0.46 miles

  • Queen Street, Place de Ville

    0.49 miles

  • Lyon

    0.49 miles

  • Queen Street, Lyon Street

    0.50 miles

  • Sussex Drive, Rideau Street

    0.73 miles

  • Rideau Centre

    0.74 miles

  • Rideau Street, Rideau Centre

    0.78 miles

  • Rideau

    0.81 miles

  • William Street, ByWard Market

    0.83 miles

  • Pimisi

    0.86 miles

  • Esso

    0.26 miles

  • MacEwen

    0.41 miles

  • Petro-Canada

    0.56 miles

  • Circuit électrique

    0.58 miles

  • FLO

    0.64 miles

  • Drummond's Gas

    0.83 miles

  • Shell

    1.79 miles

  • ChargePoint

    3.32 miles

  • Tesla Destination Chargers

    5.07 miles

  • SWTCH

    5.08 miles

  • Indigo

    0.19 miles

  • Parksafe 330 Gilmore

    0.20 miles

  • Minto Place Parking

    0.34 miles

  • Kelly

    0.40 miles

  • YMCA

    0.45 miles

  • Randall's Paints

    0.51 miles

  • Sultan Ahmet Turkish Cuisine Parking

    0.53 miles

  • City of Ottawa Somerset and Cambridge Parking Lot

    0.57 miles

  • Rideau Centre - Red Garage

    0.77 miles

  • Market Garage

    0.85 miles

  • Gabriel Pizza

    0.03 miles

  • The Great Canadian Poutinerie

    0.04 miles

  • Viet Thai Restaurant

    0.04 miles

  • Yunshang Rice Noodle

    0.04 miles

  • Cheese it Pizza

    0.04 miles

  • Arlo

    0.04 miles

  • Takeout King

    0.05 miles

  • Ottawa Pizza

    0.05 miles

  • Trofi

    0.06 miles

  • Island Grill

    0.06 miles

  • Your Independent Grocer

    0.03 miles

  • Farm Boy

    0.28 miles

  • World Exchange Plaza

    0.45 miles

  • Margo Fresh

    0.45 miles

  • 240 Sparks

    0.47 miles

  • Loblaws

    0.59 miles

  • Kowloon

    0.65 miles

  • Nordstrom

    0.72 miles

  • Rideau Centre

    0.74 miles

  • Hudson's Bay

    0.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Zinati

Zinati Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.