26
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$1,800,000
Est. payment /mo
2 Baths
3,800 SqFt
New
1240 BANK ST Glebe - Ottawa East And Area, ON K1S 3Y3
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $473
Subdivision 4403 - Old Ottawa South
MLS Listing ID X12254438
Annual Tax Amount $27,000
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Classic red brick storefront in a busy, vibrant section of Bank Street in Old Ottawa South. Close to 4000 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.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 for loading and parking. The laneway is fully fenced and enclosed in the back of the property and is currently used exclusively for an extra 10' in depth. Clean Environmental Phase 1 and 2 recently done (2023). Large open interior spaces. Has 2 electric services, one of which is 600 volts. Commercially rewired in the past. A number of building modifications and improvements were done when previously owned by Cohen's.
Location
Province ON
County Ottawa
Community 4403 - Old Ottawa South
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 39.67
Lot Depth 89.89
Others
Security Features No
Listed by RE/MAX HALLMARK REALTY GROUP