Main Photo: for sale-6637 BANK STREET-Ottawa-Greely
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Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
1375847
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 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out! (id:2493)
Property Type:
Vacant Land
Transaction Type:
For sale
Zoning:
RC
Ownership Type:
Freehold
Community:
Greely
Fireplace:
No
Water:
Drilled Well
Sewer:
Septic System
Easement:
Unknown
Road Access:
Road access, Highway access
Lot Frontage:
167'
Lot Depth:
970'
Acreage:
Yes
Lot Size:
5.39 acre(s)
Lot Size:
5.39 ac
Lot Details:
5.39
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated June 18, 2024 at 05:15 PM (UTC)
Area Statistics
Listings on market:
217
Avg list price:
$799,900
Min list price:
$1
Max list price:
$13,500,000
Avg days on market:
64
Min days on market:
1
Max days on market:
1,989
Avg price per sq.ft.:
$158.29
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
CHARLES KHOURI
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.