50 Byward Market Square, Ottawa - Business for Sale
50 Byward Market Square, Ottawa, Ontario, K1N7A2
Description
Prime Turnkey Restaurant Business in the Heart of Ottawa's ByWard Market! An exceptional opportunity to acquire a well-positioned restaurant business at 50 Byward Market Square, located in one of Ottawa's most vibrant and sought-after commercial destinations. Situated just off George Street, this high-visibility location benefits from the energy and foot traffic of the ByWard Market, surrounded by restaurants, retail, entertainment, tourism, residential and office uses. This turnkey restaurant opportunity is ideal for an entrepreneur, experienced restaurateur or investor looking to establish or expand a food-service operation in a premier downtown location. The space is thoughtfully equipped for restaurant use and features a functional commercial kitchen, substantial cooking and preparation equipment, refrigeration, stainless-steel work areas, storage areas and basement space. The sale includes chattels, providing a valuable opportunity for a purchaser to step into an operational restaurant environment with significantly less initial setup required. The inviting dining area accommodates approximately 10 seats, while the existing layout offers an efficient configuration for both dine-in and takeout service. This is a rare opportunity to acquire a restaurant business in the iconic ByWard Market district. Do not miss the opportunity to bring your vision to one of Ottawa's most recognizable commercial destinations! (id:66096)
Property Details
- MLS®
- X13727384
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 65 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 65 days on market, against an average age of 63 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K1N)
This home lists at $299,990, about 4.7× the local median household income of $64,000.
Carrying it typically needs a household income of about $58,599 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $64,000
- Population
- 26,639
- Median age
- 34
- Owner / renter
- 24% / 76%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA K1N)
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$299,990
Ottawa