haho.ca
$350,000
For saleJust listed

1666 BANK Road, Ottawa - Business for Sale

1666 BANK Road, Ottawa, Ontario, K1V7Y6

Listed 5 days ago
Overview

This business in Ottawa is for sale. It has been on the market 5 days, fresher than the Ottawa average of 62 days.

Description

ESTABLISHED BAR & RESTAURANT IN THE HEART OF OTTAWA!An exciting opportunity to acquire an established bar and restaurant in the heart of Ottawa, known as a popular destination for young professionals and nightlife enthusiasts. Combining food, drinks, great music, an energetic atmosphere, and dancing late into the night, this business attracts patrons looking to unwind after work and enjoy Ottawa's vibrant nightlife throughout the week.After successfully establishing the business, the owner is ready to pursue other priorities, opening the door for a new owner to take the reins and build on its existing foundation. An ideal opportunity for an experienced bar and restaurant operator looking to acquire an established business with the potential to further develop its clientele and offerings.BUSINESS SALE ONLY. Experienced buyers are encouraged to inquire. Strict confidentiality is required. Please do not approach the business or its staff directly. All inquiries must be directed through the listing agent. (id:66096)

Property Details

MLS®
X14130588
Property Type
Business
Business Type
Restaurant
Zoning
AM1
Frontage
28 m
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
5 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
5d
Ottawa listings, avg age
62d
List price
$350K

Just listed: 5 days on market, against an average age of 62 days across the listings currently for sale in this city

Haho

This business in Ottawa has been listed for 5 days, which is 57 days fresher than the city average of 62. Act while there is still low competition.

Listed by COLDWELL BANKER SARAZEN REALTY · Ziad El-ahl

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1V)

This home lists at $350,000, about 3.8× the local median household income of $93,000.

Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$93,000
Population
57,157
Median age
38
Owner / renter
58% / 42%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA K1V)

$350,000
For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

By requesting this showing you agree that haho.ca and the local agent who follows up may contact you about this and similar properties. Unsubscribe from any message.

Your details go only to the agent who follows up. No spam, unsubscribe anytime.

Financing

Buying this business?

Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.

Ask about acquisition financing →

$350,000

Ottawa

Book a showing