REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,800,000
Est. payment | /mo
2 Baths
3,800 SqFt
$ 1,800,000
Est. payment | /mo
2 Baths
3,800 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $473
Subdivision 4403 - Old Ottawa South
MLS® Listing ID X12254438
Source Ottawa Real Estate Board
Property Description
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.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. The new draft Zoning Bylaw indicates 9 storeys will be permitted, depending on lot depth. 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 (Pinchin 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. 2 Forced Air Furnaces both with Central AC. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Listed by RE/MAX HALLMARK REALTY GROUP
GET MORE INFORMATION
Nick Palumbo
Agent | License ID: 5043946