
West Centre Town, ON K1S 4N2
*Do not approach staff or customers regarding the sale of the business. All showings by appointment only through the listing brokerage office.* Excellent opportunity to acquire a fully equipped, fully fixtured, and profitable restaurant located on Somerset Street in the heart of Ottawa, just minutes from downtown. This prime location benefits from strong year-round foot traffic driven by nearby businesses, tourism, festivals, and local events, and is steps away from the highly anticipated LeBreton Flats redevelopment project, bringing significant future growth and activity to the area. The restaurant is offered as a turn-key operation, allowing a new owner to continue business immediately with all existing equipment and fixtures included. The property also features a large basement area suitable for additional storage, office space, or food preparation .At the rear of the property, a cleared outdoor area presents an excellent opportunity to develop a patio, adding valuable seasonal seating and enhancing the customer experience. The unit has also been upgraded with a brand-new heating system, providing improved efficiency and reliability. Offered at a price that represents a fraction of the cost to build and equip a comparable restaurant from the ground up, this is an outstanding opportunity for entrepreneurs or experienced operators looking to establish themselves in one of Ottawa's most vibrant commercial corridors.
TRREB MLS® Attribution
MLS® X12864388
Listed by TRU REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$972
/month · $159,200 mortgage
Amortization
Total Interest
$132,323
Total Cost
$291,523
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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TRU REALTY