1242 BANK Street, Glebe – Ottawa East and Area, ON K1S 3Y3 – Glebe – Ottawa East and Area – $4,300,000

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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.

Property Details

• Property Type: Commercial
• List Price: $4,300,000
• Parking Spaces: 14
• Tax Year: 2024
• Annual Taxes: $28,677