$4,995,000
FOR SALE

Commercial/Retail

Lot: 65.07 x 89.89 ftTotal Area: 5,844
2024 Taxes: $28,677

1242 BANK St
Glebe - Ottawa East And Area, ON K1S 3Y3 | 4403 - Old Ottawa South | Ottawa

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.
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Listed By AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9521854
Last Updated Dec 19, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Retail
PIN 041450192
Legal Description PCL 2-1, SEC 4M-34 ; LTS 2 & 3, PL 4M-34 ; S/T COVENANT LT1615 ; OTTAWA/NEPEAN
Occupancy Tenant
Possession Date TBA
Taxes (2024) $28,677
Directions/Cross Streets Bank Street between Billings Bridge and Sunnyside, corner of Chelsey Avenue.
Neighbourhood 4403 - Old Ottawa South
Area Ottawa
Price History

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Detailed Information
Lot 65.07 x 89.89 ft
Lot Irregularities 1
Retail Area 5,844
Total Area 5,844
Parking Spaces 14
Zoning TM2H(15)
Seller Property Info Statement N

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