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1240 BANK Street Image 1

$1,800,000

$2,200,000
18.2% dropped

Last price change Jul 22, 2024

Jan 3, 2024Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X9514991

1240 BANK Street, Glebe - Ottawa East and Area, ON K1S 3Y3

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Average Price
180000000.0%
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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 1240 BANK Street

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. Approximately 9" ceiling height on main floor and 2nd floors, and 8" in basement. The entire space is owner occupied by Yardley's Antiques.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). Large open interior spaces. Has 2 electric services, one of which is 600 volts.

Home Overview

Last updated

Apr 10

Virtual tour

None

Basement information

Building size

3800

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX HALLMARK REALTY GROUP

Additional Details

Basement:N/A
Cooling:Unknown
Heating:Unknown
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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