This well-renovated commercial building is an excellent investment opportunity, featuring two solid leases: one lasting 5 years and another for 3 years. Zoned AM" (Arterial Main Street), this property supports a variety of uses and presents the potential for an 8 to 9-story development with the appropriate application. The surrounding area on Bank Street is rapidly transforming, with numerous medium to high-rise projects underway. For privacy reasons, please do not approach the current tenants or employees. You may view the property from the outside, but any interior showings must be arranged with the listing agent or the seller's representative. This site Is a promising opportunity in a dynamic and evolving landscape.
Extras
Income calculation is based on projected statement of income and expense. Appraisal report available upon request.
FROM WALKLEY, NORTH ON BANK STREET (ON LEFT) OR FROM HERON ROAD, SOUTH ON BANK STREET (ON RIGHT).
Neighbourhood
Ottawa
Area
Ottawa
Price History
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Detailed Information
Freestanding
Y
Lot
101.6 x 132.98 ft
Retail Area
5,280 ft2
Total Area
5,364 ft2
Air Conditioning
Y
Garage Type
None
Heat Type
None
Sprinklers
N
Utilities
N
Water
Municipal
Lot/Bldg/Unit Code
Unit
Zoning
AM1
Seller Property Info Statement
N
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