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$100,000
Available - For Sale
Listing ID: X12934682
Rent just $2650/month, downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant locates in an excellent place in Ottawa's Little Italy, close to Chinatown, within Ottawa's renowned Asian and Italy dining district. It enjoys a steady flow of customers, offers free parking, and has convenient evening and weekend parking spots. In every summer, during the Italian Food Festival, stalls can be set up on the roadside in front of the restaurant to sell food. Additionally, there is a patio outside of the restaurant. The planned newly built Ottawa Senators stadium just nearby walking distance is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use(including value $50000 range hood). The restaurant has received high ratings on Google and has been featured in media outlets such as the Ottawa Citizen and CTV. This is an excellent opportunity to own a well-known restaurant(you can use your brand and food style) in the heart of Ottawa's vibrant dining district, with lowest rent and a large of fixed takeout customers. It is wonderful chance for long time investment( First lease can be five years then extension every five years with competitive rent).
Price $100,000
Taxes: $13,200
Tax Type: Annual
Occupancy by: Tenant
Address: 121 Preston Street , West Centre Town, K1R 7P3, Ottawa
Postal Code: K1R 7P3
Province/State: Ottawa
Directions/Cross Streets: Somerset and Preston
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
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Without Property
Use: Restaurant
Building Percentage: T
Total Area: 2,000
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 5:00pm-
Employees #: 5
Seats: 60
Maintenance: 0
Outside Storage: F
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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COLDWELL BANKER FIRST OTTAWA REALTY

121 Preston Street , West Centre Town, K1R 7P3, Ottawa

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

 
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Type: Com - Sale Of Business
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style:
Lot Size: x 64.99(Feet)
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Tax: $13,200
Maintenance Fee: $0
Beds: 0
Baths: 2
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