$2,200,000
FOR SALE

Commercial/Retail

Lot: 39.67 x 89.92 ftTotal Area: 3,800 ft2

1240 Bank Street
Ottawa, ON K1S 3Y3 | Old Ottawa South

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). (id:47421)
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1372404
Last Updated Apr 24, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood Old Ottawa South
Price History

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Detailed Information
Lot 39.67 x 89.92 ft
Total Area 3,800 ft2
Listing Contract Date 2024-01-03
Municipal ID 041450191
Ownership Type Freehold
# of Parking Spaces 3
Property Type Retail
Transaction Type For sale
Zoning Description TM2
Building
Constructed Date 1920
Land
Total Size 39.67 ft X 89.89 ft
Size of Irregular Land 39.67 ft X 89.89 ft

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