1242 Bank St store front More Photos

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    For Sale - 1242 & 1250 Bank Street, Glebe - Ottawa East and Area, Ontario

    Est payment $18,968/mo
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    Time on Jump  4 day

    AI Summary *

    • Two individually titled properties include a 5,850-square-foot retail building and separate parking lot.
    • High-visibility frontage along a busy commercial corridor, minutes from shopping and transit hubs.
    • Lease income in place until Q2 2028 gives an owner-user time to plan.
    • Retail building could potentially serve one business or two units, subject to approvals.
    • Separate lot may offer future mixed-use development potential, subject to approvals.




    An exceptional commercial package offering two individually titled properties for sale in the heart of old ottawa south. This unique combination features a prominent, single-story 5,850 square foot retail building combined with a separate lot that provides a rare parking advantage where street parking is the norm. Situated minutes from lansdowne, billings bridge and the glebe the property offers a buyer the opportunity to secure high-visibility frontage along a busy, key commercial corridor. This offering provides steady lease income in place until q2 2028 allowing an owner-user time to plan for future possession. A buyer could operate their business utilizing the entire building, or choose to potentially subdivide the structure into two prime, revenue-generating retail units subject to meeting building code and city approvals. The separately titled lot represents an additional opportunity down the road for a mixed-use development featuring ground-floor commercial space and residential units above.
    Listing IDX14147042
    Address1242 & 1250 Bank Street
    CityGlebe - Ottawa East and Area, Ontario
    Price$3,950,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Closed

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    Listing Brokerage: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

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