1556 Bank Street, Ottawa | Image 1

1556 Bank Street

Ottawa, Ottawa

  • Commercial

$4,400,000
For Sale

Added 3 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Bank

  • Zoning: AM1 [1913] - Art

  • Age: No Data

  • Taxes: 49650

  • MLS®#: X8349758

  • Days on Site: 2 Days

  • Added: May 15, 2024 (3 months ago)

  • Updated:

  • Last Checked: 33 minutes ago

  • Listed By: COLLIERS MACAULAY NICOLLS INC.

Single-tenant bank with great redevelopment potential. The Property is 100% leased to Bank of Montreal on a net lease providing stable cashflow with yearly rental steps. Located within the Bank Street South Secondary Plan, the Property is primed for redevelopment in an urban intensification zone with as-of-right height and density permissions of 9 storeys and 100,000+ SF of mixed use residential.

Property

  • Status: Sale

  • Type: Bank

  • Property Type: Commercial/Retail

  • Property Type: Institutional

  • Area: Ottawa

  • Community: Ottawa

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PLAN 409 LOTS 21 TO 14 PARTS OF LOTS 16, 25 & 26

  • Taxes: $49,650

  • Taxes Type: Annual

Land

  • Cross Street: Bank Street/ Heron R

  • Municipality District: Ottawa

  • Parcel Number: 041470209

  • Sewer: San+Storm

  • Lot Depth: 188.98 Feet

  • Lot Frontage: 152.93 Feet

  • Zoning: AM1 [1913] - Art

Commercial Specific

  • Retail Area: 4835

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 4835

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

Map of 1556 Bank Street, Ottawa
JK-3

General Vanier Public School

Elementary: Public
1.46 km
JK-6

Charles H. Hulse Public School

Elementary: Public
0.88 km
JK-8

École élémentaire catholique Marius-Barbeau

Elementary: Catholic
1.32 km
7-8

St Patrick's Intermediate School

Elementary: Catholic
1.21 km
JK-8

École élémentaire catholique d'enseignement personnalisé Lamoureux

Elementary: Catholic
0.84 km
JK-8

Alta Vista Public School

Elementary: Public
0.49 km
Pre-Grade 9-12

Hillcrest High School

Secondary: Public
3.09 km
9-12

Immaculata High School

Secondary: Catholic
3.50 km
9-12

Brookfield High School

Secondary: Public
1.50 km
Pre-Grade 9-12

Ridgemont High School

Secondary: Public
0.82 km
9-12

École secondaire catholique Franco-Cité

Secondary: Catholic
3.10 km
9-12

St Patrick's High School

Secondary: Catholic
0.71 km
1545 Bank Street, Ottawa | MLS: X7051892
For Sale
11 months ago
$3,750,000
  • 0 bath
  • 0 bed

1545 Bank Street, Ottawa, Ontario • K1H 7Z1 • Gloucester

1556 Bank Street, Ottawa | MLS: X8349752
For Sale
3 months ago
$4,400,000
  • 0 bath
  • 0 bed

1556 Bank Street, Ottawa, Ontario • K1H 7Z4 • Ottawa