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Home ON Ottawa - Gatineau Ottawa Byward Market
A - 105 CLARENCE STREET
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12 hours ago
$39,900
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A - 105 CLARENCE STREET
Ottawa, Ontario K1N5P5

MLS® Number: X12635228

Listing Description

RARE OPPORTUNITY to own a two-level, fully turn-key restaurant/bar in the heart of the ByWard Market! Offered as an Asset Purchase - Sale of Business, this beautifully designed and fully equipped restaurant on Clarence Street is ready for immediate takeover. Features include a functional commercial kitchen/prep area, existing bar and bar seating (approx. 20 seats total Interior), full bathroom, extra storage , existing liquor license, right-of-way outdoor café patio in Warmer Months (approx. 8 seats Exterior). Heat for Unit, Water/Sewer, and garbage removal are included in the Additional Rent, with snow removal handled by the landlord. Hydro, Gas for Appliances Only, and Insurance are payable by Tenant. Asset purchase price is $39,900 + HST. Seller is open to financing - Discuss with Listing Agent. New buyer/tenant may assume or negotiate a new lease. Total rent is $6,255 + HST per month; Includes: Base Rent of $3,400 + HST, Additional Rent of $2,505 + HST, Property Taxes & Rental Storage (Rent is Negotiable with Long Term Lease and Storage Rent is Optional). Located in a high-exposure pedestrian zone with strong year-round traffic, this space suits multiple concepts and offers tremendous potential for an operator seeking a prime Market location. Showings available any day before 3 PM with 1-hour notice; seller must confirm concept. (41823487)

Location Description

Sussex Right on Clarence.

Property Summary

Property Type
Business
Community Name
4001 - Lower Town/Byward Market
Land Size
Unit=33.25 x 102.83 FT
Annual Property Taxes
$636.19
Total Parking Spaces
1
Time on REALTOR.ca
12 hours

Building

Interior Features
Appliances Included
Dishwasher, Dryer, Freezer, Microwave, Oven
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Restaurant/pub)
Neighbourhood Features
Amenities Nearby
Highway
Parking
Total Parking Spaces
1

Land

Lot Features
Frontage
33 ft ,3 in
Land Depth
102 ft ,9 in
Other Property Information
Zoning Description
MD2
Data provided by: Ottawa Real Estate Board
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Megan Stagg