$10,000
Available - For Sale
Listing ID: X12145874
118 Clarence Stre , Lower Town - Sandy Hill, K1N 7E7, Ottawa
| Right in the heart of the ByWard Market, a unique restaurant bar is now available for lease, offering a turn-key move-in ready opportunity in Ottawa's premier restaurant and nightlife district. This modern facility includes a full bar with televisions for guests, indoor and outdoor dining areas, a complete commercial kitchen with a gas-fired oven, an 8-foot hood fan, grill top, stove top, 2 deep fryers, and walk-in refrigeration. There's a preparation and dishwashing area next to the kitchen. Outdoor seating is partially covered with a plexiglass awning that keeps out the rain and wind, allowing the use of most of the patio from early Spring through late Fall. The indoor bar area seats 34 people. An indoor backroom seats 34 people, and the terrace seats more than 50. The backroom has an exclusive bathroom, a fantastic space for private parties and events. Bathrooms for the restaurant are available indoors on the second floor of the building. This unique space is now available to sublease for five years or more. Rent is a semi-gross structure of $10,000 per month for the first year of the term with annual escalations. This rent includes building operating costs. Utilities are extra. Operate a dine-in and take-out business all year round. Benefit from high pedestrian traffic, numerous hotels, residents, businesses and tourism in the immediate area. |
| Price | $10,000 |
| Minimum Rental Term: | 60 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 118 Clarence Stre , Lower Town - Sandy Hill, K1N 7E7, Ottawa |
| Postal Code: | K1N 7E7 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Dalhousie Street |
| 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: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 3400.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| KELLER WILLIAMS INTEGRITY REALTY |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4001 - Lower Town/Byward Market |
| Baths: | 3 |
| Fireplace: | N |
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