$4,995,000
Available - For Sale
Listing ID: X9521854
1242 BANK St , Glebe - Ottawa East and Area, K1S 3Y3, Ontario
| 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. |
| Price | $4,995,000 |
| Taxes: | $28677.00 |
| Occupancy: | Tenant |
| Address: | 1242 BANK St , Glebe - Ottawa East and Area, K1S 3Y3, Ontario |
| Postal Code: | K1S 3Y3 |
| Province/State: | Ontario |
| Legal Description: | PCL 2-1, SEC 4M-34 ; LTS 2 & 3, PL 4M-34 |
| Lot Size: | 65.07 x 89.89 (Feet) |
| Directions/Cross Streets: | Bank Street between Billings Bridge and Sunnyside, corner of Chelsey Avenue. |
| Category: | Retail |
| Total Area: | 5844.00 |
| Retail Area: | 5844 |
| Gross Income/Sales: | $0 |
| Net Income Before Debt: | $0 |
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| AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Ottawa |
| Municipality: | Glebe - Ottawa East and Area |
| Neighbourhood: | 4403 - Old Ottawa South |
| Lot Size: | 65.07 x 89.89(Feet) |
| Tax: | $28,677 |
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