Description
FOUR PIN'S 5023/5017/5003 & 4997 BANK STREET. A TOTAL OF APPROX 3 ACRES. A MAJOR COMMERCIAL CORNER WITH OVER 450 SQF FRONTAGE ON BANK STREET & 250 SQF ON RIDEAU ROAD. COMMERCIAL ZONING, YOU CAN BUILD A MAJOR HOTEL WITH A COMMERCIAL COMPLEX. THIS IS THE BEST COMMERCIAL CORNER NEAR THE COMING HARD ROCK HOTEL. CURRENTLY ON ONE OF THE FOUR PARCELS OF LAND, THERE IS A MOTEL, RESTAURANT & NIGHT CLUB. A TOTAL OF APPROX 20000 SQF BUILDING; EXISTING PROPERTY IS IN GREAT CONDITION, THE MOTEL HAS RARELY A VACANCY. EXISTING RESTAURANT & NIGHT CLUB CAN GENERATE ADDITIONAL INCOME OF $20,000.00 PER MONTH. THE SECOND PARCEL OF THE FOUR IS EMPTY AND USED AS A PARKING LOT FOR THE MOTEL & NIGHT CLUB. THE REMAINING TWO PARCELS ALSO BRING ADDITIOANAL RENTAL INCOME OF $9000 PER MONTH FROM TWO USED CAR DEALERHIPS. TOTAL GROSS YEARLY INCOME OF $500K UNTIL IF YOU DECIDE TO START YOUR NEW DEVELOPMENT PROJECT; ZONING ALLOWS TO BUILD A HOTEL, SHOPPING CENTRE, APARTMENT BUILDING, ETCC. (id:2469)
Listing Provided By
COLDWELL BANKER SARAZEN REALTY
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Property Details
Real Estate Listing
Provided by:
- Angela Bianchet
- Phone: 613- 755- 2278
- Mobile: 613 884 6182
- Email: angela@angelab.ca
- Innovation Realty
- 8221-B Campeau Drive
- Kanata, ON
- K2T 0A2
All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members 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.
REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.