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1242 & 1250 Bank Street
4403 - Old Ottawa South Glebe - Ottawa East and Area K1S 3Y4

$3,950,000 /For Sale
Commercial

1242 Bank St store front
Photo 1: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 2: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 3: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 4: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 5: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 6: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 7: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 8: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 9: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 10: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Photo 11: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14147042
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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
5850 sq. ft. Square Feet
Total Area:
5,850 sq. ft.
Retail Area:
5850 sq. ft. Sq Ft
Lot Depth:
90'
Lot Frontage:
65'
Water supply:
Municipal
Zoning:
MS1 - Mainstreet Zone 1
Heating type:
Gas Forced Air Closed
Garage:
Other
Possession Details:
Lease expires Q2 2028
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$29,967 / 2026
Assessment:
$- / -
Ottawa
Glebe - Ottawa East and Area
4403 - Old Ottawa South
No
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Nov 04, 2026
Original Price:
Previous Price:
  • Photo 1: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    1242 Bank St store front
  • Photo 2: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    Side by side shot of both properties for sale
  • Photo 3: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    Side by side shot of both properties for sale
  • Photo 4: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    Interior retail building - 1242 Bank Street
  • Photo 5: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    Interior retail building - 1242 Bank Street
  • Photo 6: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    Interior retail building - 1242 Bank Street
  • Photo 7: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    Interior retail building - 1242 Bank Street
  • Photo 8: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    Interior retail building - 1242 Bank Street
  • Photo 9: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    1250 Bank Street - Empty lot
  • Photo 10: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    1250 Bank Street - Empty lot
  • Photo 11: 1242 & 1250 Bank Street in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X14147042
    1250 Bank Street - Empty lot
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Data was last updated November 9, 2026 at 02:15 PM (UTC)
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