Mirna Botros
613-600-26261240 Bank Street - $1,800,000
1240 Bank Street - $1,800,000
1240 Bank Street
$1,800,000
4403 - Old Ottawa South
Ottawa, OntarioK1S3Y3
0 beds
2 baths
6 parking
MLS#: X12254438Listed: about 2 months agoUpdated:about 2 months ago
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.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. The new draft Zoning Bylaw indicates 9 storeys will be permitted, depending on lot depth. 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 (Pinchin 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. 2 Forced Air Furnaces both with Central AC. (id:58075)Details
Details for 1240 Bank Street, Ottawa, Ontario- Property Type
- Retail
- Building Type
- -
- Storeys
- -
- Neighborhood
- 4403 - Old Ottawa South
- Land Size
- Bldg=39.67 x 89.89 FT ; 0
- Year Built
- -
- Annual Property Taxes
- $27,000
- Parking Type
- -
Inside
- Appliances
- -
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 2
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Bank Street and Cameron Ave.
- Type of Dwelling
- -
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- Bldg=39.67 x 89.89 FT ; 0
- Zoning
- -
- Zoning Description
- TM2
Parking
- Features
- -
- Total Parking
- 6
Utilities
- Cooling
- Fully air conditioned
- Heating
- Natural gas, Other
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 1240 Bank Street, Ottawa, OntarioMap
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