For SaleCommercial Retail

396 Cooper Street

$7,800,000
28,996 sqft$269/sq ft152d on market
MLS# X12846190Ottawa Centre, Ottawa · K2P 2H7
Bedrooms
Size
28,996 sq ft
Parking
30 None

About This Listing

This four-storey mixed-use building offers a rare opportunity to own your place of business in one of Ottawa's most walkable neighbourhoods. With up to two full floors of recently updated vacant office space, and two floors leased to national and local tenants, this asset combines stability and flexibility for owner-users or strategic investors. PROPERTY HIGHLIGHTS: 28,996 SF across 4 storeys with elevator access, Occupy 7,000SF to 14,500 SF potential vacancy across 3rd & 4th floors, Income-Producing Ground and Second Floors with Tim Hortons, Henry's Photo & others, 30 Surface Parking Spaces - extremely rare in Ottawa's core, Recent Upgrades: Elevator (2020), windows (2012), HVAC, and finishes, Easy access to Bank Street, the Queensway, and multiple transit lines, Prime Corner-lot exposure at Bank & Cooper with tremendous branding potential, Future-Proof - Zoned TM H(19): Supports residential conversion or mixed-use redevelopment.

Monthly Mortgage (P&I)$33,984
Property Tax (MLS)$9,817
Maintenance Fees$0
Total Monthly Cost$43,801

Down payment: $1,560,000 (20.0%) · Mortgage: $6,240,000

Property tax uses MLS annual tax of $117,800/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberX12846190
Property TypeCommercial Retail
StyleMulti-Use
Listing TypeFor Sale
StatusActive
Size28,996 sq ft
Parking Spaces30
Parking TypeNone
Property Tax$117,800/yr
Days on Market152
Listed2026-03-04
CommunityOttawa Centre
MunicipalityOttawa
Cross StreetBank St. and Cooper St.

Listing provided by EXP REALTY

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Data last updated: August 22, 2026 at 10:25 p.m.