$39,900
Available - For Sale
Listing ID: X12635228
105 Clarence Street , Lower Town - Sandy Hill, K1N 5P5, Ottawa
| 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. |
| Price | $39,900 |
| Taxes: | $636.19 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 105 Clarence Street , Lower Town - Sandy Hill, K1N 5P5, Ottawa |
| Postal Code: | K1N 5P5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Sussex Right on Clarence. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 5 pm - |
| Employees #: | 3 |
| Seats: | 13 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4001 - Lower Town/Byward Market |
| Tax: | $636.19 |
| Fireplace: | N |
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