$1,800,000 FOR SALE

Commercial/Retail

Lot: 39.67 x 89.89 ftTotal Area: 3,800 ft2
2023 Taxes: $25,500

1240 BANK St
Glebe - Ottawa East And Area, ON K1S 3Y3 | 4403 - Old Ottawa South | Ottawa

Classic red brick storefront in a busy, vibrant section of Bank Street in Old Ottawa South. Approximately 3,800 sq' over 2 above grade floors, plus a full height basement also used for retail display. Approximately 9" ceiling height on main floor and 2nd floors, and 8" in basement. The entire space is owner occupied by Yardley's Antiques.This is a well established downtown community just south of The Glebe and Lansdowne Park and just north of Billings Bridge, very close to the Transitway. While the streetscape is well established, it is also poised for major redevelopment, with several adjacent large land parcels showing exceptional potential. This property is ideal with it's current use, but could be redeveloped on its' own. There is a laneway off the side street (Chesley) for access to the back of the property. Clean Environmental Phase 1 and 2 recently done (2023).

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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9514991
Last Updated Jan 03, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Category Retail
PIN 041450191
Legal Description PCL 1-1, SEC 4M-34 ; LT 1, PL 4M-34 ; OTTAWA/NEPEAN
Occupancy Owner
Possession Date Immediate
Taxes (2023) $25,500
Directions/Cross Streets Bank Street just North of Billings Bridge and South of Sunnyside.
Neighbourhood 4403 - Old Ottawa South
Area Ottawa
Price History
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Detailed Information
Freestanding Y
Lot 39.67 x 89.89 ft
Retail Area 3,800 ft2
Total Area 3,800 ft2
Parking Spaces 3
Year Expenses $2,024
Expenses Actual/Estimated Est
Water Municipal
Zoning TM2
Seller Property Info Statement N

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