1710 Bank ST Active

Ottawa,ON K1V 7Y6

$ 3290000

- Bed

- Bath

5364 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,364 sqft

Price per Sqft $613

Subdivision Ottawa

MLS Listing ID X9393401

Annual Tax Amount $46,555

Tax Year 2023

Property Sub-Type Commercial Retail

Property Description

This well-renovated commercial building is an excellent investment opportunity, featuring two solid leases: one lasting 5 years and another for 3 years. Zoned AM" (Arterial Main Street), this property supports a variety of uses and presents the potential for an 8 to 9-story development with the appropriate application. The surrounding area on Bank Street is rapidly transforming, with numerous medium to high-rise projects underway. For privacy reasons, please do not approach the current tenants or employees. You may view the property from the outside, but any interior showings must be arranged with the listing agent or the seller's representative. This site Is a promising opportunity in a dynamic and evolving landscape. **EXTRAS** Income calculation is based on projected statement of income and expense. Appraisal report available upon request.

Location

Province ON

County Ottawa

Community Ottawa

Area Ottawa

Zoning AM1

Interior

Cooling Yes

Exterior

Parking Features None

Utilities Available None

Building

Lot Description Unit

View More
Favorite Go Tour