Listing

Ottawa, ON K0A2P0 6637 BANK Street

6637 BANK Street Ottawa, ON - Image 16637 BANK Street Ottawa, ON - Image 26637 BANK Street Ottawa, ON - Image 3
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  • MLS# 1375847
  • 02/07/2024
  • Request Tour
  • Request Info
Presented By: Charles Khouri with Royal LePage Team Realty

Home Details

EXCEPTIONAL SPACE & VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 Acres of Rural Commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out!
Presented By: Charles Khouri with Royal LePage Team Realty

Interior Features for 6637 BANK Street

Other Interior Features

Fireplaceno

General for 6637 BANK Street

Garageno
NeighbourhoodGreely
Parkingno
Pool Y/Nno
SewerSeptic Installed
TermsSALE
Wheel Chair Accessno
ZoningRC

Exterior for 6637 BANK Street

Lot Frontage50.90
Road AccessCity Street, Highway
Water SupplyDrilled Well
Waterfrontno

Additional Details

David Ballantyne

Real Estate Representative
Price $1,600,000
MLS#1375847
List Date 02/07/2024
Property Type Commercial
Phone 613.518.5038
Request Tour
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