Lower Town - Sandy Hill, ON K1N 9B8,10 BYWARD MARKET SQ
Lower Town - Sandy Hill, ON K1N 9B8,10 BYWARD MARKET SQ
Lower Town - Sandy Hill, ON K1N 9B8,10 BYWARD MARKET SQ
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$250,000
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10 BYWARD MARKET SQ Lower Town - Sandy Hill, ON K1N 9B8

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UPDATED:

02/18/2025 03:52 AM

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 X9522913

Annual Tax Amount $45,816

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Currently occupied by Zak's Cantina Mexican Restaurant. Turnkey operation fully renovated in 2017 with a unique and popular decor item: a renovated school bus! Approx. 3449 sq ft on main floor plus approx 300 sq ft mezzanine (office/storage) and 587 sq ft basement storage with walk in cooler.
Approx. 100 seats inside and 30+ seats outside on patio (leased from city).
Current Lease til August 2027 plus 2 x 5 year options to renew.
Current Base Rent: $13,793.97/month plus TMI of $11,369.63/month.
Excellent Condition ready for a new concept. Low cost to get into restaurant business - on one of the busiest streets in the Byward Market next to Zak's Diner, Luxe Bistro, Blue Cactus and many more similar businesses with annual revenues of $2.5M - $6.5M.

Location

Province ON

County Ottawa

Community 4001 - Lower Town/Byward Market

Area Ottawa

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Roof Type Unknown

Lot Frontage 30.0

Others

Security Features Unknown

Pets Allowed Unknown


Listed by SHAKER REALTY LTD.

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agent

Nigel Wong

Realtor | License ID: 5013017

+1(647) 549-1865

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10 BYWARD MARKET SQ