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6637 BANK STREET
Ottawa, Ontario K0A2P0

$1,500,000

ID# X9518366

ABOUT THIS PROPERTY


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)

PROPERTY DETAILS


Property Type


Multi-family

Charles Khouri
Sales Representative

e-Mail Charles Khouri
office: 613.725.1171
cell: 613.864.3327
Visit Charles's Website

Listed on: September 10, 2024

On market: 85 days

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