$250,000 FOR SALE

Business for Sale

Restaurant

Lot: 30 x 0 ft
2024 Taxes: $45,816

10 BYWARD MARKET Sq
Lower Town - Sandy Hill, ON K1N 9B8 | 4001 - Lower Town/Byward Market | Ottawa

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.

Share

Listed By SHAKER REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9522913
Last Updated Dec 19, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name Asset Sale
Category Without Property
Occupancy Tenant
Possession Date tba
Taxes (2024) $45,816
Directions/Cross Streets Between York and Clarence Streets on west side of Byward Market Square
Neighbourhood 4001 - Lower Town/Byward Market
Area Ottawa
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 30 x 0 ft
Retail Area 3,449 ft2
Basement Y
Chattels Y
LLBO Y
Financial Statement N
Seats 100
Water Municipal
Zoning MD2 S73
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.