931 Bank Street, Ottawa - Business for Sale
931 Bank Street, Ottawa, Ontario, K1S3W5
Description
Business asset sale only of a fully equipped quick service restaurant. Trademark, name or goodwill NOT included in sale. Existing lease in place. Current Rent approximately $6k/month plus HST plus utilities. Approximately 1040 sq ft. on main floor plus basement area. Parking spaces available. Prime location situated in the heart of the Glebe. Steps to Lansdowne, the Rideau Canal with a high volume of traffic and surrounded by a wide variety of iconic restaurants, shops, cafes and services. Kitchen exhaust hood in place; two washrooms; fridges and freezer; seating for 26 guests. Ideal for quick service restaurant. Buyers subject to Landlord approval. (id:66096)
Property Details
- MLS®
- X13723172
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- MS1 H(15) - Mainstreet Zone 1
- Lot Size
- 45 × 93 ft (4,187 sq ft)
- Frontage
- 44 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 69 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 69 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 (K1S)
This home lists at $160,000, about 1.5× the local median household income of $106,000.
Carrying it typically needs a household income of about $31,254 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $106,000
- Population
- 31,257
- Median age
- 39.2
- Owner / renter
- 51% / 49%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA K1S)
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$160,000
Ottawa