Exceptional opportunity to acquire a well-established income property producing apx $300,000 in gross annual income. Located on the vibrant corner of Bank Street and Arlington Ave, this offering includes 502-510 Bank Street and 5 Arlington Avenue, comprising 9 income-generating units: 5 commercial s...torefronts and 4 residential apartments. The commercial component features a diverse mix of established businesses, including restaurants, retail and a coffee shop, while the residential units consist of two one-bedroom and two bachelor apartments. Ideally situated in a high-visibility, pedestrian-friendly location surrounded by thriving businesses and established residential neighbourhoods. The property has benefited from numerous capital improvements over the years, including roof replacements, resurfaced parking areas and updated mechanical systems. An attractive turnkey investment offering diversified revenue streams in one of Ottawa's most sought-after urban commercial corridors.
Full Property Details
General
Business Type
-
Retail Area
74.63 %
Office Area
25.37 %
Total Area
10010.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
74.63 %
Office Area
25.37 %
Total Area
10010.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Other
Air Conditioning
Part
Washrooms
0
Heating Fuel
Other
Air Conditioning
Part
Exterior
Depth
99.21
Front
65.71
Lot Size
66 x 99.21 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
MS1 H(30)
Depth
99.21
Front
65.71
Lot Size
66 x 99.21 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
MS1 H(30)
Building Description
Home Type
Commercial
Subtype
Store W/Apt/Office
Year Built
51-99
Water Supply
Municipal
Possession Date
12/15/2026
Home Type
Commercial
Subtype
Store W/Apt/Office
Year Built
51-99
Water Supply
Municipal
Possession Date
12/15/2026
Community
Community
Ottawa Centre
Community
Ottawa Centre
Taxes & Fees
Taxes
$51,141.80 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$51,141.80 /yr
Tax Year
2026
Occupancy
Tenant
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