5364 sqft
Fully Air Conditioned
$3,290,000
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. (id:50976)
Property Details
|
MLS® Number
|
X9393401 |
|
Property Type
|
Retail |
|
Community Name
|
Ottawa |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Size Interior
|
5364 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
132 Ft ,11 In |
|
Size Frontage
|
101 Ft ,7 In |
|
Size Irregular
|
Unit=101.6 X 132.98 Ft |
|
Size Total Text
|
Unit=101.6 X 132.98 Ft |
|
Zoning Description
|
Am1 |
https://www.realtor.ca/real-estate/27533797/1710-bank-street-ottawa-ottawa
