$1,800,000
Available - For Sale
Listing ID: X9514991
1240 BANK Street , Glebe - Ottawa East and Area, K1S 3Y3, Ottawa
| 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. |
| Price | $1,800,000 |
| Taxes: | $25500.00 |
| Tax Type: | Unknow |
| Occupancy: | Owner |
| Address: | 1240 BANK Street , Glebe - Ottawa East and Area, K1S 3Y3, Ottawa |
| Postal Code: | K1S 3Y3 |
| Province/State: | Ottawa |
| Legal Description: | PCL 1-1, SEC 4M-34 ; LT 1, PL 4M-34 ; OT |
| Lot Size: | 12.09 x 89.89 (Feet) |
| Directions/Cross Streets: | Bank Street just North of Billings Bridge and South of Sunnyside. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 3800.00 |
| Total Area Code: | Square Feet |
| Retail Area: | 3800 |
| Retail Area Code: | Sq Ft |
| Gross Income/Sales: | $0 |
| Net Income Before Debt: | $0 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Unkn |
| Washrooms: | 0 |
| Clear Height Feet: | 9 |
| Heat Type: | Unknown |
| Central Air Conditioning: | Unknown |
| Sewers: | Unknown |
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| RE/MAX HALLMARK REALTY GROUP |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Glebe - Ottawa East and Area |
| Neighbourhood: | 4403 - Old Ottawa South |
| Lot Size: | 12.09 x 89.89(Feet) |
| Tax: | $25,500 |
| Fireplace: | N |
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