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$1,250,000
Available - For Sale
Listing ID: X13220762
Turnkey Restaurant & Building for Sale - Prime Ottawa Growth Corridor. Exceptional opportunity to acquire both a long-established restaurant business and the commercial building in one of Ottawa's most rapidly evolving neighborhoods. Kochu Restaurant is a successful, turnkey operation offering 16 seats, a clean and efficient commercial kitchen, professional hood fan system, and a well-maintained dining area. The property underwent a substantial two-story addition in 2013, with many fixtures, equipment, and building components updated at that time. The upper-level apartment provides additional income potential of approximately $2,000 per month, while rear parking offers added convenience. Ideally positioned just steps from the LRT station, near the new Civic Hospital campus currently under development, and close to the proposed future stadium district, this property stands to benefit from significant long-term growth, increased traffic, and ongoing neighborhood investment. Property Features: Building and established restaurant business included. Rear parking. Excellent building condition. High-growth location near major infrastructure projects. An ideal opportunity for owner-operators, investors, or those seeking a strategic holding in a rapidly appreciating area with future redevelopment potential.
Price $1,250,000
Taxes: $11,809
Tax Type: Annual
Occupancy by: Owner
Address: 266 Preston Street North , West Centre Town, K1R 7R5, Ottawa
Postal Code: K1R 7R5
Province/State: Ottawa
Directions/Cross Streets: Preston and Gladstone
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
Building Percentage: T
Total Area: 1,650
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Business/Building Name: KOCHU INC.
Days Open: O
Hours Open: Sat/Sun
Employees #: 6
Seats: 16
Maintenance: 0
Sprinklers: No
Outside Storage: F
Soil Test: No
Clear Height Feet: 6
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE INTEGRITY REALTY

266 Preston Street North , West Centre Town, K1R 7R5, Ottawa

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

 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style:
Lot Size: x 99.88(Feet)
Approximate Age: 51-99
Tax: $11,809
Maintenance Fee: $0
Beds: 0
Baths: 4
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