6637 Bank Street Ottawa, Ontario K0A 2P0
$1,750,000
BLUE CHIP INVESTMENT PROPERTY -- 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 167ft of frontage on Prime Bank Street. Currently housing 10 income-producing residential units (1 house & 9 Bachelor Apartments) now rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing as storage, or even simply banking the land and waiting for it's value to increase over time. An incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil assumed to be clear of hazardous substances; buyer due diligence required. Rent roll available upon request. This A+ rural location holds abundant commercial potential - don't miss out! Please do not walk the property without an appointment. (id:37684)
Property Details
| MLS® Number | 1354658 |
| Property Type | Vacant Land |
| Neigbourhood | Greely |
| Easement | Unknown |
Building
| Utility Water | Drilled Well |
Land
| Access Type | Road Access, Highway Access |
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 970 Ft |
| Size Frontage | 167 Ft |
| Size Irregular | 5.39 |
| Size Total | 5.39 Ac |
| Size Total Text | 5.39 Ac |
| Zoning Description | Rc |
https://www.realtor.ca/real-estate/25905149/6637-bank-street-ottawa-greely
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August 03 2023 02:11:00
Ottawa Real Estate Board
Royal LePage Team Realty
