Lower Town - Sandy Hill, ON K1N 5P5,105 Clarence ST #A
$39,900
Est. payment /mo
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105 Clarence ST #A Lower Town - Sandy Hill, ON K1N 5P5

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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 X12635228

Annual Tax Amount $636

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

RARE OPPORTUNITY to own a two-level, fully turn-key restaurant/bar in the heart of the ByWard Market! Offered as an Asset Purchase - Sale of Business, this beautifully designed and fully equipped restaurant on Clarence Street is ready for immediate takeover. Features include a functional commercial kitchen/prep area, existing bar and bar seating (approx. 20 seats total Interior), full bathroom, extra storage , existing liquor license, right-of-way outdoor café patio in Warmer Months (approx. 8 seats Exterior). Heat for Unit, Water/Sewer, and garbage removal are included in the Additional Rent, with snow removal handled by the landlord. Hydro, Gas for Appliances Only, and Insurance are payable by Tenant. Asset purchase price is $39,900 + HST. Seller is open to financing - Discuss with Listing Agent. New buyer/tenant may assume or negotiate a new lease. Total rent is $6,255 + HST per month; Includes: Base Rent of $3,400 + HST, Additional Rent of $2,505 + HST, Property Taxes & Rental Storage (Rent is Negotiable with Long Term Lease and Storage Rent is Optional). Located in a high-exposure pedestrian zone with strong year-round traffic, this space suits multiple concepts and offers tremendous potential for an operator seeking a prime Market location. Showings available any day before 3 PM with 1-hour notice; seller must confirm concept.

Location

Province ON

County Ottawa

Area Ottawa

Zoning MD2

Interior

Cooling Yes

Inclusions Bar Sink, Ice machine, Dishwasher, Multiple small fridges and freezers, Toaster oven, Fruit dryer, Tables and chairs, Steel tables, Microwave, Pop fridge, Salad bar, Panini press, Waffle Iron, Deep fryers, Grill, Sink, Steamer, Freezer, Fridge, Slush machine, Miscellaneous dish ware, all light fixtures

Exterior

Parking Features None

Community Features Major Highway

Building

Lot Description Unit


Lited by EXP REALTY

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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105 Clarence ST #A

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