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$4,995,000
Available - For Sale
Listing ID: X9521854
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#1412786). The retail building at 1242 Bank St is fully leased and the tenant occupies the adjacent lot at 1250 Bank St for parking of approximately 12-14 cars. 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: $28,677
Occupancy by: Tenant
Address: 1242 BANK St , Glebe - Ottawa East and Area, K1S 3Y3, Ontario
Postal Code: K1S 3Y3
Province/State: Ontario
Legal Description: PCL 2-1, SEC 4M-34 ; LTS 2 & 3, PL 4M-34
Lot Size: 65.07 x 89.89 (Feet)
Directions/Cross Streets: Bank Street between Billings Bridge and Sunnyside, corner of Chelsey Avenue.
Zoning: TM2H(15)
Category: Retail
Total Area: 5,844
Retail Area: 5844
Gross Income/Sales: $0
Net Income Before Debt: $0
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AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

1242 BANK St , Glebe - Ottawa East and Area, K1S 3Y3, Ontario


 
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Type: Com - Commercial/Retail
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4403 - Old Ottawa South
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Lot Size: 65.07 x 89.89(Feet)
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Tax: $28,677
Maintenance Fee: $0
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