$120,000

196 Bank Street

Ottawa Centre, Ottawa, ON K2P1W8 · MLS® X14119156

  • 2,000 square feetLiving area
  • 1Parking

About this property

Turnkey retail business opportunity in the heart of downtown Ottawa. Located at 196 Bank Street, Midori Gifts is an established stationery and gift shop offering a variety of stationery, plush toys, keychains, accessories, and specialty gifts. The store features a street-level retail space with large storefront windows, attractive interior displays, and existing shelving and fixtures. Additional basement space provides convenient inventory storage. Situated along Bank Street with excellent street exposure and pedestrian traffic, this location is suitable for continuing the existing business or introducing a different retail concept, subject to landlord approval and applicable regulations. An opportunity for entrepreneurs looking to establish or expand their retail presence in downtown Ottawa. (id:65933)

Type
Business
Category
Business
Updated
Oct 27, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.

Listed by Royal Lepage Integrity Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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