727 CHURCHILL AVENUE
Ottawa, Ontario
MLS® X13705082
$199,000
- Status
- Active
- Property type
- Business
- MLS® number
- X13705082
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 22Listing description
Turnkey Restaurant & Food Business Opportunity in Ottawa's Westboro Area! Excellent asset sale opportunity at 727 Churchill Ave N, ideal for an experienced operator, new restaurant concept, franchise or food business. The kitchen was renovated in 2021 and features a full-size commercial hood and walk-in refrigerator.
The premises currently offer approx. 24 interior seats, patio seating and a liquor license, with 6 parking spaces associated with the building. Buyer to verify parking availability/rights, patio use and licensing requirements.
The finished basement adds valuable operational space and is currently used for food preparation, with 2 coolers, a sink and additional prep space**. The front of the premises may be customized to suit a new brand or concept, subject to landlord and applicable approvals. **Kitchen equipment and furnishings are included in the asset sale**, providing an opportunity to take over existing restaurant infrastructure rather than starting with an unfinished commercial space.
Competitive rent, with lease terms and occupancy costs to be verified by the Buyer. Located in the Westboro/Churchill area, surrounded by established residential and commercial uses, with additional development occurring and proposed in the broader area. Potential for various restaurant, takeout, catering, food service or franchise concepts, subject to lease, landlord consent, zoning, licensing and applicable approvals.
BUILDING IS NOT FOR SALE - ASSET SALE ONLY. Buyer and Buyer's representative to conduct their own due diligence regarding lease/assignment, permitted use, approvals, licenses, parking/patio rights, equipment, utilities, occupancy costs and suitability for intended use.
Property summary
- MLS® number
- X13705082
- Property type
- Business
- Land size
- Unit=49 x 99 FT
- Parking
- Other
- Days on market
- 28 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $199,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RIGHT AT HOME REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.