1196 BANK Street, Glebe - Ottawa East and Area | Image 1

1196 BANK Street

Glebe - Ottawa East and Area, 4403 - Old Ottawa South

  • Commercial

$34,999
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: TM2 H(15)

  • Age: No Data

  • MLS®#: X9521122

  • Days on Site: 71 Days

  • Added: Oct 03, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 SYNERGY REALTY INC

Turn-key and long running restaurant available. Be your own boss and take control of a restaurant with years of loyal customers and systems in place to start making money TOMORROW! Situated on a busy main street, and also having a strong presence on online ordering platforms, this business has thrived for years, and is only being sold because owner is pursuing other interests. There is a UNBEATABLE lease in place with the opportunity to extend or expand! Opportunity knocks with this one! A buyer could even increase income by opening earlier to catch the breakfast rush & sushi restaurant on the left side of location will be vacating, allowing space for tables and chairs to supplement the existing front bar seating. Steady 24 hour pedestrian traffic, this area is exploding with development and new customers!

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Glebe - Ottawa East and Area

  • Community: 4403 - Old Ottawa South

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LTS 13, 14, 15 & 16, PL 98627 , AS IN N723265 ; OTTAWA/NEPEAN

  • Expenses: Act

Land

  • Cross Street: Riverside onto Bank

  • Municipality District: Glebe - Ottawa East and Are

  • Parcel Number: 041440449

  • Lot Depth: 77.91 Feet

  • Lot Frontage: 10 Feet

  • Zoning: TM2 H(15)

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 755

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Hours Open: 12

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Seats: 15

  • Business/Building Name: Pomelo Hat

  • Financial Statement: Y

  • Gross Income/Sales: 200000

  • Estimated Inventory Value: 8000

  • LLBO: N

Map of 1196 BANK Street, Glebe - Ottawa East and Area
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