1196 BANK STREET, Ottawa, Ontario, K1S 3Y1

MLS® # X13750226

Commercial For Sale In Old Ottawa South, Ottawa, Ontario

$44,900

None Beds

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1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

1196 Bank Street, Ottawa, ON

Advertising

1196 BANK STREET, Ottawa, Ontario, K1S 3Y1

$44,900

Property Information:

Turn-Key Restaurant Opportunity - Established, Profitable, and Ready to Grow. A rare chance to own a long-running, turn-key restaurant with a loyal customer base and proven systems already in place - start generating income from day one. Located on a busy main street with heavy foot traffic and strong online ordering sales, this business has thrived for years and is only being offered for sale as the current owner pursues other ventures.The lease is a standout feature of this opportunity, offering exceptional terms with the flexibility to extend or expand. The adjacent unit is expected to become available soon, opening the door to add table seating alongside the current bar-style seating - a natural next step for growth. There's also clear upside for a new owner to capture the breakfast crowd by opening earlier.Surrounded by round-the-clock pedestrian traffic in a rapidly developing neighbourhood, this location is only gaining momentum. A fantastic opportunity for an owner-operator or investor looking for a business with real upside. (id:27)

Building Features:

Style: Business
Air Conditioning: Yes
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Business
Irregular: Yes
Lot Depth: 77.8 Feet
Lot Frontage: 10 Feet
Lot Size: 10 x 77.91 FT
Zoning: TM2 H(15)

Rating:

Notes:

Mert Metin, Agent - Ottawa, ON

Agent Royal LePage Integrity Realty , Brokerage*

Mobile:613.327.8306

View All of Mert's Listings

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Market Price Trends

Single family detached

4.95%

Price change (1 year)

25.87%

Price change (5 years)

All Properties

2.96%

Price change (1 year)

24.9%

Price change (5 years)

Location of 1196 BANK STREET, Ottawa, Ontario, K1S 3Y1

Lifestyle
Neighbourhood

Demographic Information of 1196 BANK STREET, Ottawa, Ontario, K1S 3Y1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$234,008.38

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.32 %

High school certificate or equivalent

17.44 %

Apprenticeship trade certificate/diploma

1.28 %

College/non-university certificate

9.73 %

University certificate (below bachelor)

4.27 %

University Degree

55.96 %

Commuter

Travel To Work

By Car

58.28 %

By Public Transit

8.43 %

By Walking

24.26 %

By Bicycle

4.33 %

By Other Methods

4.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.86 %

Houses

68.14 %

Own Vs. Rent

1196 BANK STREET, Ottawa, Ontario, K1S 3Y1 $44,900 MLS® # X13750226