11
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$3,950,000
Est. payment /mo
5,850 SqFt
New
1242 & 1250 Bank ST Glebe - Ottawa East And Area, ON K1S 3Y4
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,850 sqft
Price per Sqft $675
Subdivision 4403 - Old Ottawa South
MLS Listing ID X14147042
Annual Tax Amount $29,967
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
An exceptional commercial package offering two individually titled properties for sale in the heart of Old Ottawa South. This unique combination features a prominent, single-story 5,850 square foot retail building combined with a separate lot that provides a rare parking advantage where street parking is the norm. Situated minutes from Lansdowne, Billings Bridge and the Glebe the property offers a buyer the opportunity to secure high-visibility frontage along a busy, key commercial corridor. This offering provides steady lease income in place until Q2 2028 allowing an owner-user time to plan for future possession. A buyer could operate their business utilizing the entire building, or choose to potentially subdivide the structure into two prime, revenue-generating retail units subject to meeting building code and City approvals. The separately titled lot represents an additional opportunity down the road for a mixed-use development featuring ground-floor commercial space and residential units above.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 65.0
Lot Depth 90.0
Others
Security Features No
ParcelsYN No
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
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