6594 Fourth Line Road, Ottawa - Business for Sale
6594 Fourth Line Road, Ottawa, Ontario, K0A2T0
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
Long Listed: 71 days on market, against an average age of 62 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 (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)
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$99,990
Ottawa