1240 BANK Street, Glebe - Ottawa East and Area | Image 1

1240 BANK Street

Glebe - Ottawa East and Area, 4403 - Old Ottawa South

  • Commercial

$1,800,000
For Sale

Added 10 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: TM2

  • Age: No Data

  • Taxes: 25500

  • MLS®#: X9514991

  • Days on Site: 323 Days

  • Added: Jan 03, 2024 (10 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

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).

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Glebe - Ottawa East and Area

  • Community: 4403 - Old Ottawa South

  • Availability Date: Immediate

Parking

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 1-1, SEC 4M-34 ; LT 1, PL 4M-34 ; OTTAWA/NEPEAN

  • Taxes: $25,500

Land

  • Cross Street: Bank Street just Nor

  • Municipality District: Glebe - Ottawa East and Are

  • Parcel Number: 041450191

  • Lot Depth: 89.89 Feet

  • Lot Frontage: 39.67 Feet

  • Zoning: TM2

Commercial Specific

  • Retail Area: 3800

  • Total Area: 3800

Map of 1240 BANK Street, Glebe - Ottawa East and Area
JK-6

First Avenue Public School

Elementary: Public
1.74 km
JK-6

Corpus Christi Catholic Elementary School

Elementary: Catholic
1.42 km
7-8

Immaculata Intermediate School

Elementary: Catholic
2.15 km
JK-6

Mutchmor Public School

Elementary: Public
1.34 km
JK-8

Alta Vista Public School

Elementary: Public
1.47 km
JK-8

Hopewell Avenue Public School

Elementary: Public
0.38 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
2.70 km
9-12

Immaculata High School

Secondary: Catholic
2.16 km
9-12

Brookfield High School

Secondary: Public
2.06 km
Pre-Grade 9-12

Ridgemont High School

Secondary: Public
2.32 km
9-12

St Patrick's High School

Secondary: Catholic
2.17 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
1.77 km
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