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$1,800,000
Available - For Sale
Listing ID: X9514991
Classic red brick storefront in a busy, vibrant section of Bank Street in Old Ottawa South. Approximately 3,800 sq' over 2 above grade floors, plus a full height basement also used for retail display. This is a well established downtown community just south of The Glebe and Lansdowne Park and just north of Billings Bridge, very close to the Transitway. While the streetscape is well established, it is also poised for major redevelopment, with several adjacent large land parcels showing exceptional potential. This property is ideal with it's current use, but could be redeveloped on its' own. There is a laneway off the side street (Chesley) for access to the back of the property. Clean Environmental Phase 1 and 2 recently done (2023).
Price $1,800,000
Taxes: $25,500
Occupancy by: Owner
Address: 1240 BANK St , Glebe - Ottawa East and Area, K1S 3Y3, Ontario
Postal Code: K1S 3Y3
Province/State: Ontario
Legal Description: PCL 1-1, SEC 4M-34 ; LT 1, PL 4M-34 ; OT
Lot Size: 39.67 x 89.89 (Feet)
Directions/Cross Streets: Bank Street just North of Billings Bridge and South of Sunnyside.
Zoning: TM2
Category: Retail
Total Area: 3,800
Retail Area: 3800
Gross Income/Sales: $0
Net Income Before Debt: $0
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RE/MAX HALLMARK REALTY GROUP

1240 BANK St , Glebe - Ottawa East and Area, K1S 3Y3, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4403 - Old Ottawa South
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Lot Size: 39.67 x 89.89(Feet)
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Tax: $25,500
Maintenance Fee: $0
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