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Home ON Ottawa - Gatineau Ottawa Old Ottawa South
1240 BANK STREET
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1240 BANK STREET $1,800,000
$1,800,000
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1240 BANK STREET
Ottawa, Ontario K1S3Y3

MLS® Number: 1372404

Listing Description

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. 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). (27754647)

Property Summary

Property Type
Retail
Neighbourhood Name
Old Ottawa South
Title
Freehold
Land Size
39.67 ft X 89.89 ft
Built in
1920
Annual Property Taxes
$25,500
Total Parking Spaces
3
Time on REALTOR.ca
318 days

Building

Parking
Total Parking Spaces
3

Measurements

Square Footage
3800 sqft

Land

Lot Features
Frontage
39 ft ,8 in
Land Depth
89 ft ,11 in
Other Property Information
Zoning Description
TM2
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
Ian Hassell