1242 Bank Street
Glebe - Ottawa East And Area, K1S 3Y3
FOR SALE
$4,300,000

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Commercial Retail
CATEGORY5,844 Sq Ft
TOTAL AREAX9521854
MLSIDContact Us
Property Description
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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Property Details
Address
1242 Bank Street
Community
Postal Code
K1S 3Y3
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
TM2H(15)
Lot Size
65' x 90'
Total Area
5,844 Sq Ft
Retail Area
5,844 Sq Ft
Taxes
$28,677 (2024
Basement
[]
Exterior
[]
Heat Type
Unknown
Water
Municipal
Pool
[]
Parking Spaces
14
Garage Type
Unknown
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Listing contracted with Avison Young Commercial Real Estate Services
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