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$4,995,000
Available - For Sale
Listing ID: X9521199
A rare opportunity in Old Ottawa South on Bank Street. Two corner properties are being offered for sale and sold as a package only (see MLS#1412775). The retail building at 1242 Bank St is fully leased and the tenant occupies the adjacent lot at 1250 Bank St. There is a billboard sign on site bringing in partial income. Both locations offer excellent visibility on Bank. 1242 Bank provides income and offers a future user the ability to renovate for an alternative use or a complete redevelopment as the zoning allows greater density and residential uses.
Price $4,995,000
Taxes: $19,478
Occupancy by: Tenant
Address: 1250 BANK St , Glebe - Ottawa East and Area, K1S 3Y4, Ontario
Postal Code: K1S 3Y4
Province/State: Ontario
Legal Description: PCL 4-1, SEC 4M-34 ; LTS 4 & 5, PL 4M-34
Lot Size: 89.89 x 67.78 (Feet)
Directions/Cross Streets: Bank Street between Billings Bridge and Sunnyside, corner of Chelsey Avenue.
Zoning: TM2H(15)
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AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

1250 BANK St , Glebe - Ottawa East and Area, K1S 3Y4, Ontario


 
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Type: Com - Land
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4403 - Old Ottawa South
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Lot Size: 89.89 x 67.78(Feet)
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Tax: $19,478
Maintenance Fee: $0
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