Main Photo: 1240 BANK STREET in Ottawa: Retail for sale : MLS®# 1372404
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Status:
Active
Prop. Type:
Retail
MLS® Num:
1372404
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). (id:2493)
Property Type:
Retail
Size Interior:
3,800 sq. ft.
Transaction Type:
For sale
Zoning:
TM2
Ownership Type:
Freehold
Community:
Old Ottawa South
Age:
104 years
Fireplace:
No
Lot Frontage:
39'
Lot Depth:
89'
Acreage:
No
Lot Size:
39.67 ft X 89.89 ft
Lot Details:
39.67 ft X 89.89 ft
Total Parking Spaces:
3
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated July 24, 2024 at 03:45 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$1,399,950
Min list price:
$381,500
Max list price:
$5,380,000
Avg days on market:
53
Min days on market:
2
Max days on market:
383
Avg price per sq.ft.:
$500
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
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