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$199,000
Available - For Sale
Listing ID: X12864388
*Do not approach staff or customers regarding the sale of the business. All showings by appointment only through the listing brokerage office.* Excellent opportunity to acquire a fully equipped, fully fixtured, and profitable restaurant located on Somerset Street in the heart of Ottawa, just minutes from downtown. This prime location benefits from strong year-round foot traffic driven by nearby businesses, tourism, festivals, and local events, and is steps away from the highly anticipated LeBreton Flats redevelopment project, bringing significant future growth and activity to the area. The restaurant is offered as a turn-key operation, allowing a new owner to continue business immediately with all existing equipment and fixtures included. The property also features a large basement area suitable for additional storage, office space, or food preparation .At the rear of the property, a cleared outdoor area presents an excellent opportunity to develop a patio, adding valuable seasonal seating and enhancing the customer experience. The unit has also been upgraded with a brand-new heating system, providing improved efficiency and reliability. Offered at a price that represents a fraction of the cost to build and equip a comparable restaurant from the ground up, this is an outstanding opportunity for entrepreneurs or experienced operators looking to establish themselves in one of Ottawa's most vibrant commercial corridors.
Price $199,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 826 Somerset Street West , West Centre Town, K1S 4N2, Ottawa
Postal Code: K1S 4N2
Province/State: Ottawa
Directions/Cross Streets: Somerset Street W & Booth Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
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Washroom 11 0
Washroom 12 0
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Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Washroom 36 0
Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: Tuesday
Employees #: 8
Seats: 69
Maintenance: 0
Sprinklers: Unkn
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Unknown
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
TRU REALTY

826 Somerset Street West , West Centre Town, K1S 4N2, Ottawa

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Maria Tompson
Sales Representative
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905-361-0512
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905-361-0512
Fax:
905-361-0853

 
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At a Glance:
Type: Com - Sale Of Business
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style:
Lot Size: 0.00 x 90.13(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative pic sales@bestforagents.com Re/Max Example Inc., Brokerage Independently owned and operated. pic 50 Burnhamthorpe Rd west, Mississauga, Ontario L5B3C2 pic Cell: 905-361-0512 | Fax: 905-361-0853 | Cell: 905-361-0512
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