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
