6637 Bank Street Ottawa, ON K0A 2P0
Listing Courtesy of:  CREA / Royal Lepage Team Realty

  6637 Bank Street Ottawa, ON K0A 2P0

Active (31 Days)
$1,500,000

Description

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:41440)

MLS®:
X11987132
Type
Land
County
Ottawa

Listed By

Charles Khouri, Royal Lepage Team Realty
Source
CREA
Last checked Mar 28 2025 at 6:15 PM EDT
Bathroom Details
Lot Information
  • Irregular Lot Size
Utility Information
  • Sewer: Septic System
Parking
  • Total: 20
Living Area
  • 6 sqft
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 3/28/25 11:15