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109 Bank St 2,155 SF of Retail Space Available in Ottawa, ON K1P 1H4


Highlights
- Prominent building and storefront signage opportunities to maximize brand exposure.
- Within walking distance to Parliament Hill, Sparks Street, and major office towers.
- Surrounded by national retailers, dining establishments, and entertainment venues, generating heavy foot traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,155 SF | Negotiable | $13.16 USD/SF/YR $1.10 USD/SF/MO $28,369 USD/YR $2,364 USD/MO | Triple Net (NNN) |
1st Floor
Positioned at the bustling corner of Bank Street and Albert Street, this ground-level retail space offers unmatched visibility in Ottawa’s dynamic downtown core. The property delivers exceptional signage opportunities and exposure in a high-traffic setting with strong pedestrian and vehicular activity. Situated near Parliament Hill and Ottawa City Hall, the location benefits from a diverse mix of retail, dining, and entertainment amenities, drawing consistent local and visitor traffic throughout the day. Accessibility is a cornerstone of this offering, with the Parliament LRT Station just steps away and extensive public transit routes servicing the area. Highway 417 access is also available via nearby O’Connor Street. Surrounding public parking facilities, combined with wide sidewalks and a walkable urban grid, make this space attractive to retail tenants and service-oriented businesses seeking strong visibility and convenience in a prime location. This opportunity places tenants in the center of the city’s commercial hub, fostering connections to Ottawa’s leading financial institutions, government offices, and cultural destinations along Sparks Street. The property includes features such as a security system, accent lighting, and air-conditioned interiors for enhanced customer experience and operational efficiency.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
- Highly visible corner location at Bank Street
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 109 Bank St, Ottawa, ON K1P 1H4
- Tenant
- Description
- CAN Locations
- Reach
- Chmiel Architects
- Home Improvement
- 1
- -
- Flaherty Dow Elliott & Mccarthy
- Professional, Scientific, and Technical Services
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Chmiel Architects | Home Improvement | 1 | - |
| Flaherty Dow Elliott & Mccarthy | Professional, Scientific, and Technical Services | 1 | - |
Property Facts
| Total Space Available | 2,155 SF | Gross Leasable Area | 7,334 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,155 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,334 SF |
| Year Built | 1970 |
About the Property
The property at 109 Bank Street in Ottawa is a retail space developed in 1970, located at the intersection of Bank Street and Albert Street. The structure occupies a position in the downtown commercial district, offering connectivity to Parliament Hill, key business corridors, and extensive transit systems, including a nearby LRT station. The site supports retail use with façade signage and features air-conditioning, security systems, and lighting enhancements.
- Bus Line
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Accent Lighting
- Air Conditioning
Nearby Major Retailers
Presented by
109 Bank St
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