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.
MLS# | X9521199 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Active |
Days On Site | 8 |
Listing Provided By | AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES | Not Provided |
Zoning | TM2H(15) |
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Province | ON |
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County | Glebe Ottawa East and Are |
City | Glebe - Ottawa East and Area |
Postal Code | K1S 3Y4 |
Area | Ottawa |
Community Name | 4403 Old Ottawa South |
Listing VS Median (in 4403 Old Ottawa South) | |
Price: $4,995,000 low | high Med: $0 On Site: 8 low | high Med: |