haho.ca
$249,000
For sale

#3b 3500 Fallowfield Road, Ottawa - Business for Sale

#3b 3500 Fallowfield Road, Ottawa, Ontario, K2J4A7

Listed 16 days ago
Overview

This business in Ottawa is for sale. It has been on the market 16 days, fresher than the Ottawa average of 62 days.

Description

Turnkey Profitable Restaurant for Sale in Prime Barrhaven Location! Excellent opportunity to own a turnkey, profitable restaurant in a prime Barrhaven location! Offering approximately 2,469 sq. ft. of space, this established restaurant features 88 indoor seats plus a seasonal patio accommodating 4-12 guests, creating an inviting dining experience for customers year-round. The business comes with an LLBO licence, making it an attractive opportunity for operators looking to step into an established restaurant setup. Ideally situated in a busy and desirable Barrhaven area with excellent exposure and convenient access, this opportunity is well suited for experienced restaurateurs or entrepreneurs looking to enter the food and hospitality industry. Take advantage of this ready-to-operate business and bring your vision to an established location with great potential for continued success. A fantastic opportunity to own a turnkey restaurant in one of Ottawa's growing communities! (id:66096)

Property Details

MLS®
X14096126
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$403,221/yr
Listed
16 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
16d
Ottawa listings, avg age
62d
List price
$249K

Active: 16 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 16 days, which is 46 days fresher than the city average of 62. Act while there is still low competition.

Listed by ROYAL LEPAGE TEAM REALTY · Sue Patel

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2J)

This home lists at $249,000, about 2.0× the local median household income of $122,000.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$122,000
Population
81,863
Median age
36.8
Owner / renter
81% / 19%
Avg. household size
3

Source: Statistics Canada, 2021 Census (FSA K2J)

$249,000
For sale

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Financing

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$249,000

Ottawa

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