#C 129 Riocan Avenue, Ottawa - Business for Sale
#C 129 Riocan Avenue, Ottawa, Ontario, K2J5G3
This business in Ottawa is for sale. It has been on the market 51 days, fresher than the Ottawa average of 63 days.
Description
Fantastic opportunity to own a well-established restaurant business in the heart of Barrhaven. Ideally positioned in a busy commercial destination just off Strandherd Drive and near the Cineplex Theatre, this location offers excellent accessibility and exposure in a thriving area surrounded by residential communities, shopping, dining and entertainment. The restaurant features a welcoming dine-in area with seating for approximately 18 guests and a functional layout designed for efficient day-to-day operations. The sale includes chattels, offering a turnkey opportunity for an entrepreneur, experienced operator or investor looking to acquire an established restaurant location. Currently operating as a franchise, the business provides an excellent opportunity to step into an existing operation in one of Barrhaven's busiest commercial areas. With a strong location, established setup and flexible possession, this is an exciting opportunity A fantastic opportunity for anyone looking to expand their current portfolio or for an eager new entrepreneur ready to establish themselves within a successful turn-key operation. (id:66096)
Property Details
- MLS®
- X13782100
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 51 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 51 days on market, against an average age of 63 days across the listings currently for sale in this city
This business in Ottawa has been listed for 51 days, which is 12 days fresher than the city average of 63. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K2J)
This home lists at $619,990, about 5.1× the local median household income of $122,000.
Carrying it typically needs a household income of about $121,106 (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)
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$619,990
Ottawa