7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turn-key investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:2493)More details
Exceptional Investment Opportunity and excellent location in downtown Ottawa! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtown Ottawa. Benefting from dual frontage and two separate addresses on both streets . It is surrounded by many high apartment buildings. In a densely populated neighborhood, it offers access to top-rated public schools, parks, and recreational facilities. The location is highly convenient, with bus stops and the OLRT-Lyon light rail station within walking distance.The property spans 3,300 square feet, upstairs with 5 offices/bedrooms (suitable for use as offices, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The first foor is currently operating as a convenience store, but can easily be adapted for other uses. The current building's basement is used as storage, but it can be also used as club. A total of 12 parking spaces are available, with 7 at the rear currently rented out for additional rental incomes with 2200 square feet area land . With ample parking, excellent transportation access, and versatile usage options. In addition, in terms of New Zoning (By-law 2026-50), the place can be built a hub(high building with 90 meters). Another building can be constructed in the additional land(i.e. the parking spots). It can be used (1)personal service business: barber shop, beauty parlour, or dry cleaner's distribution station. (2) place of assembly: club. (3)retail store: drugstore, floristshop, newsstand. (4) restaurant. This is a rare investment opportunity! Owner can offer second mortgage choice to buyer. (id:2493)More details
Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting. (id:2493)More details
Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting. (id:2493)More details
An exceptional opportunity to acquire a well-established commercial building and fully equipped restaurant business in Kemptville, ideally positioned along a prominent commercial corridor experiencing significant residential growth and future infrastructure investment. Impeccably maintained and truly turnkey, the property offers exceptional versatility for an owner-operator, investor, or entrepreneur. The fully equipped commercial kitchen features a large 12-foot hood system, commercial burners and stove, refrigerators, freezers, extensive shelving, and more, while the inviting dining area is furnished with tables, booths, chairs, bar refrigerators, glassware, cutlery, décor, and a POS system. Beyond its current restaurant use, the property offers a multitude of potential commercial uses, subject to zoning and municipal approvals, providing flexibility for conversion to other business concepts. Excellent visibility, convenient access, and plenty of paved on-site parking further enhance the property. Additional features include a 40-seat patio, well-appointed interior dining area, and transferable liquor license, subject to LCBO approval. With established dine-in and take-out traffic, there is significant potential to grow through extended hours, expanded services, catering, delivery, or alternative permitted uses. Future four-lane road expansion further supports the long-term potential of this location. Do not approach staff regarding the sale. All showings are strictly by appointment through the listing agents. Vendor Take-Back (VTB) financing may be available. (id:2493)More details
LOCATION! LOCATION! LOCATION! Presenting an extraordinary 1,296 sqft commercial office unit in a highly desirable location, minuets from the new LRT, featuring an operating business with excellent rental income. Located within a state-of-the-art building completed in 2021, this unit offers a professional environment in a meticulously maintained setting.With soaring 12-foot ceilings and expansive windows, the space is bright, open, and inviting. This is a turnkey investment opportunity perfect for a new landlord or an investor seeking immediate, hassle-free income from a well-established tenant. The unit is currently leased under a triple net lease, making this an exceptionally attractive, low-maintenance asset where the tenant is responsible for taxes, maintenance, and insurance.Included are 2 dedicated parking spaces (both owned), along with 2 exclusive spaces for customers providing added convenience for both staff and visitors. A rare chance to own a premium commercial unit with stable returns in a sought-after location. CIP incentive in place for 10 years of on property taxes, 5 years have passed, 5 years remain. (id:2493)More details
An exceptional opportunity awaits to acquire a well-established and highly regarded Thai restaurant in the fast-growing community of Kemptville. Ideally positioned along a key commercial corridor experiencing significant residential expansion, this turnkey operation is perfectly situated for continued success.The premises are impeccably maintained, offering a fully equipped commercial kitchen featuring a large 12-ft hood system, burners, stove, refrigerators, freezers, ample shelving, and more. The inviting dining room is equally well appointed, complete with tables, booths, chairs, bar fridges, glassware, cutlery, décor and POS system. Located within a thriving commercial district slated for future four-lane road expansion, the property benefits from excellent visibility and steady customer flow. Additional highlights include paved on-site parking, a welcoming 40-seat patio, and a refined interior dining area. A transferable liquor license (subject to LCBO approval) further enhances revenue potential.With strong dine-in and take-out traffic already in place, the business offers meaningful opportunities for growth through extended hours or expanded service offerings. Please note: this listing is for the business only and does not include the real estate. Do not approach staff with inquiries. All viewings are to be arranged by appointment through the listing agents. VTB (Vendor Take-Back) financing available. (id:2493)More details
Excellent Business opportunity! The prominent corner retail space, located at the prime downtown Ottawa intersection of Bay Street and Gloucester Street, is now available for lease. The unit spans 1,600 square feet and includes a basement with washroom and storage facilities. Situated on a highly visible cornor in a densely populated area surrounded by high-rise residential buildings. It offers exceptional convenience. Public transportations are easily accessible, with bus stops and the OLRT-Lyon light rail station wthin walking distance. The space is currently used as a grocery store. With ample parking and excellent transport links, it is ideally suited for a wide range of versatile uses, including various retail businesses, restaurants, club and more. (id:2493)More details
Position your business in one of Ottawa's most vibrant and strategically located commercial districts with this beautifully maintained turnkey office space at 880 Somerset Street West. Offering approximately 540 square feet of functional and professionally designed workspace and also a full basement, offering space as for storage and 2 parking spots included. This well-appointed unit is ideally suited for a variety of professional, consulting, wellness, administrative, or creative business uses. The space features a practical and efficient layout complete with a private bathroom, dedicated storage room, and the rare convenience of two included parking spaces, providing both comfort and functionality for staff and clientele alike. Situated in the heart of Somerset Street West, between Ottawa's dynamic Chinatown and Little Italy communities, the property benefits from exceptional accessibility, strong pedestrian presence, and proximity to an abundance of sought-after amenities including renowned cafés, restaurants, boutique shops, professional services, public transit, cycling paths, and downtown Ottawa. This thriving urban location offers an energetic and sophisticated setting for businesses seeking a polished, move-in-ready environment in one of the city's most desirable commercial corridors. Lease rate is $1,750 per month plus HST, with tenants responsible for estimated property taxes of approximately $400 per month in addition to hydro and gas. Water is included. Minimum term: three years or longer (id:2493)More details
Exceptional opportunity to establish a new venture in one of Ottawa's most prestigious and high-profile locations at the Royal Arch, the iconic gateway to Chinatown. Situated in the heart of West Centre Town, this vibrant and walkable neighbourhood benefits from outstanding transit connectivity via LRT Lines 1 and 2, and major bus routes-ensuring consistent foot traffic and visibility for your business . Somerset Ward consistently ranks as having the highest pedestrian activity in the city, offering daily, repeat customers, while the surrounding area provides a dense residential base of over 35,000 people within walking distance .This fully equipped, licensed dining room features 29 seats, a professional kitchen, and washroom facilities. Beyond its culinary potential, the space is well-suited to a variety of commercial concepts, including office or retail uses. Basement is also available for additional storage. A new lease is available with favourable terms: base rent of $3,400 per month up to Dec 2026, with property taxes and insurance at $800 per month (plus HST) ( approx). Utilities and waste management are billed separately. The unit also includes one dedicated parking space.Joining this location means becoming part of a supportive Business Improvement Area (BIA) that actively promotes the neighbourhood through major events, cultural initiatives, and streetscape enhancements-contributing to a clean, safe, and commercially active district . With competitive rents relative to nearby Centretown and the ByWard Market, this is a rare chance to secure a central address with unmatched exposure and versatility. No Cannabis use, No coffee shop, No Barber shop. Assets NOT included. (id:2493)More details
Data was last updated September 5, 2026 at 01:15 AM (UTC)
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