REQUEST A TOUR
In-PersonVirtual Tour
$ 250,000
Est. payment | /mo
$ 250,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Byward Market
MLS® Listing ID 1417149
Originating Board Ottawa Real Estate Board
Property Description
Currently occupied by Zak's Cantina Mexican Restaurant. Turnkey operation fully renovated in 2017 with a unique and popular decor item: a renovated school bus! Approx. 3449 sq ft on main floor plus approx 300 sq ft mezzanine (office/storage) and 587 sq ft basement storage with walk in cooler. Approx. 100 seats inside and 30+ seats outside on patio (leased from city). Current Lease til August 2027 plus 2 x 5 year options to renew. Current Base Rent: $13,793.97/month plus TMI of $11,369.63/month. Excellent Condition ready for a new concept. Low cost to get into restaurant business - on one of the busiest streets in the Byward Market next to Zak's Diner, Luxe Bistro, Blue Cactus and many more similar businesses with annual revenues of $2.5M - $6.5M. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No