MLS#: X12375213Listed: about 10 hours agoUpdated:about 10 hours ago
Description
Rare redevelopment opportunity on Bank Street! Offering 5.73 acres of Commercial (RC) zoned land with 167 ft of frontage, this property is priced at land value with exceptional potential for commercial or industrial use. Currently improved with a fully tenanted former motel featuring 10 residential units (1 x 3-bedroom home and 9 studio suites) and approximately 20 parking spaces, providing holding income while planning your future build. Updates include newer water system, roof, windows, and septic systems. One hydro meter services the property. Situated minutes to Hwy 417 and major transport routes, this site is ideal for redevelopment, expansion, or strategic land banking. Financials available upon request. Outstanding opportunity to capitalize on a booming commercial corridor! (id:58075)
Details
Details for 6637 Bank Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Other
Storeys
1
Neighborhood
1605 - Osgoode Twp North of Reg Rd 6
Land Size
167 x 970 Acre
Year Built
-
Annual Property Taxes
$10,994
Parking Type
No Garage
Inside
Appliances
Water purifier, Water softener, Water Treatment, Water Heater