haho.ca
$99,990
For sale

6594 Fourth Line Road, Ottawa - Business for Sale

6594 Fourth Line Road, Ottawa, Ontario, K0A2T0

1 bathListed 71 days ago
Overview

This business in Ottawa is for sale.

Description

Milano Pizzeria! An exceptional commercial opportunity awaits in the heart of the growing North Gower community, located within the landmark property that once housed the beloved Marlborough Pub & Eatery. This prime location has quickly re-established itself as a local hotspot and is currently operating as the increasingly popular Milano Pizzeria, widely regarded as a town "craze" for its delicious menu and flexible takeout and small sit-in dining options. The real value of this opportunity lies in its exceptional potential for expansion, as the spacious premises include substantial additional usable space ideal for launching a second, fully independent business to meet strong local demand-particularly for Greek or Indian cuisine. A savvy operator can achieve significant efficiency by utilizing the existing, fully equipped commercial kitchen to support a second concept simultaneously. The buyer is completely free to operate under any business name of their choice. Future growth prospects are extremely promising, supported by a proposed 700,000 sq. ft. warehouse development nearby that is expected to generate a major and permanent increase in daily traffic and customer volume. This turnkey investment is further enhanced by attractive, simplified lease terms that include property taxes, Building insurance, septic maintenance, and common-area hydro in the rent, along with the security of an available renewable long-term lease option. Some photos have been virtually staged. (id:66096)

Property Details

MLS®
X13709260
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Bathrooms
1
Frontage
141 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
71 days ago

Features

Appliances
Furniture

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
71d
Ottawa listings, avg age
62d
List price
$100K

Long Listed: 71 days on market, against an average age of 62 days across the listings currently for sale in this city

Haho

This business in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE TEAM REALTY · Karan Sharma

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0A)

This home lists at $99,990, about 0.9× the local median household income of $115,000.

Carrying it typically needs a household income of about $19,532 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$115,000
Population
111,626
Median age
44
Owner / renter
87% / 13%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$99,990
For sale

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Financing

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$99,990

Ottawa

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