OTTAWA ONTARIO Accelerating Success
#724 BANK STREET OTTAWA ONTARIO Accelerating success. 724 EXECUTIVE SUMMARY 4 INVESTMENT HIGHLIGHTS 6 PROPERTY OVERVIEW 8 AREA OVERVIEW 10 FUTURE DEVELOPMENTS 14 CONTENTS ZONING 16 724 THE PROPERTY OFFERS DIRECT POSITIONING WITHIN THE CENTRE OF OTTAWA’S COVETED GLEBE NEIGHBOURHOOD EXECUTIVE SUMMARY 724 Bank Street offers both potential investors and owner- Key Highlights occupiers an opportunity to acquire a character asset within • Rarely available end unit character asset within The Glebe Ottawa’s much desired Glebe neighbourhood. • Attractive unique facade with signage opportunity At approximately 8,499 SF in size, set across a 3,488 SF lot, this • Flagship retail opportunity at grade 1945 building features two storeys for potential office space and • Excellent locational access characteristics, just steps from OC / or retail space. 5,340 SF is above grade, 3,159 SF SF is below transpo and minutes from Highway 417 grade (As per MPAC). • Strong performing surrounding retail market with numerous local and national occupiers Located on Bank Street at First Avenue, approximately 600 • Attractive to future office or retail users, private investors and meters north of the Lansdowne, the Property is encompassed by surrounding landholders character commercial office space, a supportive residential and • Excellent corner exposure condominium market and a destination retail and dining scene in Ottawa. ASKING PRICE: $3,399,000 724 BANK STREET 5 INVESTMENT HIGHLIGHTS A THRIVING URBAN NODE OFFERING TRENDY SHOPPING, DINING AND LIVING IN OTTAWA, THE PROPERTY IS SURROUNDED BY AN ECLECTIC MIX OF RETAILERS, RESTAURANTS AND COFFEE SHOPS. The Property presents an opportunity for an An end-unit asset, complete with both First Avenue and Drawn to The Glebe by its notable retail and dining scene, investor or owner-occupier to acquire a rarely available, Bank Street frontage, the Property presents an exceptional commercial rents within the area have continued to rise character asset in The Glebe neighbourhood of Ottawa.
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