1240 Bank Street Ottawa, Ontario K1S 3Y3
$1,800,000
Classic red brick storefront in a busy, vibrant section of Bank Street in Old Ottawa South. Close to 4000 sq' over 2 above grade floors, plus a full height basement also used for retail display. Approximately 9" ceiling height on main floor and 2nd floors, and 8" in basement. The entire space is owner occupied by.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 for loading and parking. The laneway is fully fenced and enclosed in the back of the property and is currently used exclusively for an extra 10' in depth. Clean Environmental Phase 1 and 2 recently done (2023). Large open interior spaces. Has 2 electric services, one of which is 600 volts. Commercially rewired in the past. A number of building modifications and improvements were done when previously owned by Cohen's. (id:19720)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X12254438 |
| Property Type | Retail |
| Community Name | 4403 - Old Ottawa South |
| Parking Space Total | 6 |
Building
| Bathroom Total | 2 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 3800 Sqft |
| Size Interior | 3,800 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 89 Ft ,10 In |
| Size Frontage | 39 Ft ,8 In |
| Size Irregular | Bldg=39.67 X 89.89 Ft ; 0 |
| Size Total Text | Bldg=39.67 X 89.89 Ft ; 0 |
| Zoning Description | Tm2 |
https://www.realtor.ca/real-estate/28541225/1240-bank-street-ottawa-4403-old-ottawa-south
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Ian Hassell
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www.ianhassell.com/
344 O'connor Street
Ottawa, Ontario K2P 1W1
(613) 563-1155
(613) 563-8710
www.hallmarkottawa.com/
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July 01 2025 03:33:37
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group