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$10,000
Available - For Sale
Listing ID: X12145874
Right in the heart of the ByWard Market, a unique restaurant bar is now available for lease, offering a turn-key move-in ready opportunity in Ottawa's premier restaurant and nightlife district. This modern facility includes a full bar with televisions for guests, indoor and outdoor dining areas, a complete commercial kitchen with a gas-fired oven, an 8-foot hood fan, grill top, stove top, 2 deep fryers, and walk-in refrigeration. There's a preparation and dishwashing area next to the kitchen. Outdoor seating is partially covered with a plexiglass awning that keeps out the rain and wind, allowing the use of most of the patio from early Spring through late Fall. The indoor bar area seats 34 people. An indoor backroom seats 34 people, and the terrace seats more than 50. The backroom has an exclusive bathroom, a fantastic space for private parties and events. Bathrooms for the restaurant are available indoors on the second floor of the building. This unique space is now available to sublease for five years or more. Rent is a semi-gross structure of $10,000 per month for the first year of the term with annual escalations. This rent includes building operating costs. Utilities are extra. Operate a dine-in and take-out business all year round. Benefit from high pedestrian traffic, numerous hotels, residents, businesses and tourism in the immediate area.
Price $10,000
Minimum Rental Term: 60
Taxes: $0
Tax Type: TMI
Assessment Year: 2025
Occupancy by: Tenant
Address: 118 Clarence Street , Lower Town - Sandy Hill, K1N 7E7, Ottawa
Postal Code: K1N 7E7
Province/State: Ottawa
Directions/Cross Streets: Dalhousie 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
Washroom 9:  0
Washroom 10:  0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 3,400
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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ROYAL LEPAGE INTEGRITY REALTY

118 Clarence Street , Lower Town - Sandy Hill, K1N 7E7, Ottawa

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial Retail
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4001 - Lower Town/Byward Market
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Lot Size: x 100.00(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908