EXCEPTIONAL SPACE & VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 Acres of Rural Commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out! (id:19720)
MLS® Number | 1375847 |
Property Type | Vacant Land |
Neigbourhood | Greely |
Easement | Unknown |
Utility Water | Drilled Well |
Access Type | Road Access, Highway Access |
Acreage | Yes |
Sewer | Septic System |
Size Depth | 970 Ft |
Size Frontage | 167 Ft |
Size Irregular | 5.39 |
Size Total | 5.39 Ac |
Size Total Text | 5.39 Ac |
Zoning Description | Rc |
https://www.realtor.ca/real-estate/26494389/6637-bank-street-ottawa-greely
Contact us for more information
Charles Khouri
Salesperson
(613) 725-1171
(613) 725-3323
www.teamrealty.ca
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