6637 BANK STREET
Ottawa, Ontario K0A2P0

$1,500,000

ID# X9518366

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. 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. Buyer to conduct their own due diligence. Don't miss this rare opportunity in a booming rural setting with huge commercial potential! (id:25961)

Courtesy of ROYAL LEPAGE TEAM REALTY

Listed on: September 10, 2024

On market: 85 days

Virtual Tour Additional Photos

Ellen Hughes

Sales Representative

Direct: 613-858-8640

ellenhughes@royallepage.ca

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6637 BANK STREET Ottawa, Ontario K0A2P0

6637 BANK STREET
Ottawa, Ontario K0A2P0