11
$3,950,000 Sale
Listed 3 hours ago
1242 & 1250 Bank Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 1242 & 1250 Bank Street
Key Facts
Key facts for 1242 & 1250 Bank Street
Property Type
Commercial
Parking
Other
MLS #
X14147042
Size
-
Basement
-
Listed on
2026-11-04
Lot size
65 x 90.0
Tax
$29,967 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
Description
An exceptional commercial package offering two individually titled properties for sale in the heart of Old Ottawa South. This unique combination features a prominent, single-story 5,850 square foot retail building combined with a separate lot that provides a rare parking advantage where street parki...ng is the norm. Situated minutes from Lansdowne, Billings Bridge and the Glebe the property offers a buyer the opportunity to secure high-visibility frontage along a busy, key commercial corridor. This offering provides steady lease income in place until Q2 2028 allowing an owner-user time to plan for future possession. A buyer could operate their business utilizing the entire building, or choose to potentially subdivide the structure into two prime, revenue-generating retail units subject to meeting building code and City approvals. The separately titled lot represents an additional opportunity down the road for a mixed-use development featuring ground-floor commercial space and residential units above.
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Courtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES