Nest Seekers

An exceptional commercial package offering two individually titled properties for sale in the heart of Old Ottawa South.

1242 & 1250 Bank Street
Glebe - Ottawa East and Area K1S 3Y4
Canada

Listing

Web ID:5839484
Website:https://www.nestseekers.com/5839484

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C3,950,000
($2,822,600)
(€2,521,800)
Annual Taxes:C29,967

Description

An exceptional commercial package offering two individually titled properties for sale in the heart of Old Ottawa South. This unique combination features a prominent, single-story 5,850 square foot retail building combined with a separate lot that provides a rare parking advantage where street parking is the norm. Situated minutes from Lansdowne, Billings Bridge and the Glebe the property offers a buyer the opportunity to secure high-visibility frontage along a busy, key commercial corridor. This offering provides steady lease income in place until Q2 2028 allowing an owner-user time to plan for future possession. A buyer could operate their business utilizing the entire building, or choose to potentially subdivide the structure into two prime, revenue-generating retail units subject to meeting building code and City approvals. The separately titled lot represents an additional opportunity down the road for a mixed-use development featuring ground-floor commercial space and residential units above.

Amenities

  • Available

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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