6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa
  • 6637 BANK STREET Ottawa

6637 BANK STREET, Ottawa, Ontario

$1,500,000

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:56241)

  • Listing ID: X9518366
  • Property Type: Multi-family
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Details

  • Easement: Unknown
  • Features: Irregular lot size
  • Parking Spaces: 20
  • Transaction: For sale
  • Zoning Description: RC

Building

  • Fireplace Present: False
  • Size Interior: 5.73 ac
  • Type: Multi-Family
  • Utility Water: Drilled Well

Land

  • Access Type: Highway access, Year-round access
  • Acreage: true
  • Sewer: Septic System
  • Size Frontage: 167 ft
  • Size Irregular: 1
  • Size Total: 1.0000
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 6637 BANK STREET in Ottawa Ontario. It was last modified on September 10th, 2024. Contact us to schedule a viewing or to discover other Ottawa properties for sale.

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