6637 Bank Street,Ottawa, ON K0A2P0
Ottawa, ON K0A2P0
Description
This commercial property offers 5.73 acres of Rural Commercial (RC) zoned land, suitable for various industrial and commercial uses, with 167 feet of frontage on Bank Street. Formerly a motel, it includes +/- 20 parking spots. Currently houses 10 residential units (1 x 3-bedroom house and 9 bachelor apartments). Ideal for adding more units, increasing rental income, operating a business, or utilizing the building and land for storage. Priced for land value at only $261,780/Acre, this property is an excellent redevelopment opportunity. Updates include a new water system (2011), roof (2009), newer windows (2018), and two septic tanks (2007 & 2021). One hydro meter services the entire property. Ideal for development with proximity to Highway 417 and major transport routes. 20-minute drive to Highway 417. Rent rolls and expense statements are available on request. Vendor open to offering a limited vendor take-back (VTB) mortgage option. Don't miss this rare opportunity in a booming industrial setting with huge commercial potential! (id:13843)
Details
| MLS# | X11987132 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 59 |
| Listing Provided By | ROYAL LEPAGE TEAM REALTY | CHARLES KHOURI |
Features
| SQ Feet | 5 |
|---|---|
| Zoning | Rural Commercial (RC) |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K0A2P0 |
| Listing VS Median (in K0A2P0) | |
Price: $1,500,000 low | high Med: $1,299,908 SqFt: 5 low | high Med: 99 $ / SqFt: $300,000 low | high Med: $13,130 On site: 59 low | high Med: 108.000000 | |
