4102 - Ottawa Centre Homes with Sale Of Business Subtype

4102 - Ottawa Centre Homes with Sale Of Business Subtype

Welcome to the vibrant neighborhood of Ottawa Centre, a gem nestled in the heart of Canada’s capital, Ontario. This dynamic community is characterized by its rich cultural tapestry, stunning architecture, and a warm, welcoming atmosphere. Ottawa Centre is not just a place to live; it’s a lifestyle choice that offers a perfect blend of urban convenience and suburban charm.

The neighborhood boasts an array of amenities that cater to all lifestyles. Residents enjoy easy access to parks, trendy cafes, and boutique shops, making it an ideal spot for both families and young professionals. The nearby Rideau Canal, a UNESCO World Heritage Site, provides endless opportunities for outdoor activities, from skating in the winter to kayaking in the summer. With excellent schools, community centers, and a vibrant arts scene, Ottawa Centre is a fantastic place to call home.

For those looking to invest in property, the homes in Ottawa Centre come with the unique advantage of the "Sale Of Business" subtype. This means that not only can you find a beautiful residence, but you also have the opportunity to explore entrepreneurial ventures right from your doorstep. Whether you’re considering a cozy café, a boutique retail space, or a professional office, the possibilities are endless in this thriving neighborhood.

With its delightful mix of residential charm and business potential, Ottawa Centre is the perfect place to establish roots and grow. Come discover your new home in this enchanting community, where every day offers something new and exciting!

Newest 4102 - Ottawa Centre Homes with Sale Of Business Subtype

288 Bank Street, Ottawa Centre
$294,900
X13472632 MLS
Rare opportunity to acquire a fully equipped turnkey restaurant in the heart of Centretown at the highly visible intersection of Bank Street and Somerset Street. This established location has operated continuously as a pizza restaurant for approximately 15 years and features approximately 1,500 sq. ft. of main floor restaurant space with seating for 30 guests, plus an additional 1,100 sq. ft. basement offering future expansion potential for private events, catering operations, storage, or additional revenue-generating uses. The premises have benefited from extensive capital investment and feature a fully equipped turnkey restaurant operation with modern kitchen infrastructure, refrigeration systems, food preparation stations, digital ordering technology and quality leasehold improvements throughout. The estimated replacement value of the equipment, improvements and build-out is significant, presenting an opportunity for a purchaser to acquire an established operation without the substantial capital expenditure, permitting delays and construction timelines typically associated with developing a comparable restaurant from scratch. The business also benefits from a highly favourable gross lease structure, providing predictable occupancy costs with property taxes, common area maintenance, snow removal, building insurance and other operating costs included in the rent, a significant advantage. Prime Bank Street exposure benefits from exceptional pedestrian and vehicle traffic in one of Ottawa's busiest commercial corridors. Ideal opportunity for an owner-operator seeking an established location with existing infrastructure and future growth potential.

288 Bank Street, Ottawa Centre

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