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.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Retail Area:
1195 sq. ft. Sq Ft
Lot Depth:
102'10"31.3 m
Lot Frontage:
33'3"10.1 m
Water supply:
Municipal
Zoning:
MD2
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
1
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$636.19 /
2025
Assessment:
$- /
2025
Ottawa
Lower Town - Sandy Hill
4001 - Lower Town/Byward Market
Major Highway
Bar Sink, Ice machine, Dishwasher, Multiple small fridges and freezers, Toaster oven, Fruit dryer, Tables and chairs, Steel tables, Microwave, Pop fridge, Salad bar, Panini press, Waffle Iron, Deep fryers, Grill, Sink, Steamer, Freezer, Fridge, Slush machine, Miscellaneous dish ware, all light fixtures
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