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$ 39,900
Est. payment /mo
New
105 Clarence ST #A Lower Town - Sandy Hill, ON K1N 5P5
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision 4001 - Lower Town/Byward Market
MLS Listing ID X12635228
Annual Tax Amount $636
Tax Year 2025
Property Sub-Type Sale Of Business
Property 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.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling Yes
Exterior
Community Features Major Highway
Lot Frontage 33.25
Lot Depth 102.83
Others
ParcelsYN No
Listed by EXP REALTY