10 BYWARD MARKET Square, Lower Town - Sandy Hill | Image 1

10 BYWARD MARKET Square

Lower Town - Sandy Hill, 4001 - Lower Town/Byward Market

  • Commercial

$250,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: MD2 S73

  • Age: No Data

  • Taxes: 45816

  • MLS®#: X9522913

  • Days on Site: 62 Days

  • Added: Oct 18, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: SHAKER REALTY LTD.

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.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Lower Town - Sandy Hill

  • Community: 4001 - Lower Town/Byward Market

  • Availability Date: tba

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Taxes: $45,816

Land

  • Cross Street: Between York and Cla

  • Municipality District: Lower Town - Sandy Hill

  • Lot Frontage: 30 Feet

  • Zoning: MD2 S73

Commercial Specific

  • Retail Area: 3449

  • Retail Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Seats: 100

  • Business/Building Name: Asset Sale

  • Financial Statement: N

  • LLBO: Y

Map of 10 BYWARD MARKET Square, Lower Town - Sandy Hill
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