1242 & 1250 Bank St

About this Property

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 Details

MLS #

X14147042

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Retail

Garage

Other

Heating

Gas Forced Air Closd

Cooling

Y

Lot Size

65 × 90 ft

Annual Taxes

$29,967/yr

Listed By

AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

Listed On

November 4, 2026