$3,290,000
FOR SALE

Commercial/Retail

Lot: 101.6 x 132.98 ftTotal Area: 5,364 ft2
2023 Taxes: $46,555.26

1710 Bank St
Ottawa, ON K1V 7Y6

This well-renovated commercial building is an excellent investment opportunity, featuring two solid leases: one lasting 5 years and another for 3 years. Zoned AM" (Arterial Main Street), this property supports a variety of uses and presents the potential for an 8 to 9-story development with the appropriate application. The surrounding area on Bank Street is rapidly transforming, with numerous medium to high-rise projects underway. For privacy reasons, please do not approach the current tenants or employees. You may view the property from the outside, but any interior showings must be arranged with the listing agent or the seller's representative. This site Is a promising opportunity in a dynamic and evolving landscape.
Extras
Income calculation is based on projected statement of income and expense. Appraisal report available upon request.
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9393401
Last Updated Oct 11, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Retail
PIN 040690348
Occupancy Tenant
Possession Date Flexible
Taxes (2023) $46,555.26
Tax Type Annual
Directions/Cross Streets FROM WALKLEY, NORTH ON BANK STREET (ON LEFT) OR FROM HERON ROAD, SOUTH ON BANK STREET (ON RIGHT).
Neighbourhood Ottawa
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 101.6 x 132.98 ft
Retail Area 5,280 ft2
Total Area 5,364 ft2
Air Conditioning Y
Garage Type None
Heat Type None
Sprinklers N
Utilities N
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning AM1
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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