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: | $19478.00 |
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. |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES |
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Book Showing | Email a Friend |
Type: | Com - Land |
Area: | Ottawa |
Municipality: | Glebe - Ottawa East and Area |
Neighbourhood: | 4403 - Old Ottawa South |
Lot Size: | 89.89 x 67.78(Feet) |
Tax: | $19,478 |