$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.
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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

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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

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