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$ 3,290,000
Est. payment | /mo
5,364 SqFt
$ 3,290,000
Est. payment | /mo
5,364 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,364 sqft
Price per Sqft $613
Subdivision Ottawa
MLS® Listing ID X9393401
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
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Andy Katoch
Agent | License ID: LDKATOCAN