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. |
Price | $3,290,000 |
Taxes: | $46555.00 |
Occupancy by: | Tenant |
Address: | 1710 BANK St , Billings Bridge - Riverside Park and Are, K1V 7Y6, Ontario |
Postal Code: | K1V 7Y6 |
Province/State: | Ontario |
Legal Description: | PT LTS 18 & 19, PL 31 , PART 1 , 5R12309 |
Lot Size: | 101.60 x 132.98 (Feet) |
Directions/Cross Streets: | FROM WALKLEY, NORTH ON BANK STREET (ON LEFT) OR FROM HERON ROAD, SOUTH ON BANK STREET (ON RIGHT). |
Category: | Retail |
Total Area: | 5364.00 |
Retail Area: | 5280 |
Gross Income/Sales: | $270367 |
Net Income Before Debt: | $172718 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Ottawa |
Municipality: | Billings Bridge - Riverside Park and Are |
Neighbourhood: | 4602 - Heron Park |
Lot Size: | 101.60 x 132.98(Feet) |
Tax: | $46,555 |