FOR SALE
$299,990
2020-E11A Lanthier, Ottawa, ON, K4A 3V4
About the Property
Rare opportunity to acquire a fully equipped turnkey restaurant in the heart of Centretown at the highly visible intersection of Bank Street and Somerset Street. This established location has operated continuously as a pizza restaurant for approximately 15 years and features approximately 1,500 sq. ft. of main floor restaurant space with seating for 30 guests, plus an additional 1,100 sq.
ft. basement offering future expansion potential for private events, catering operations, storage, or additional revenue-generating uses. The premises have benefited from extensive capital investment and feature a fully equipped turnkey restaurant operation with modern kitchen infrastructure, refrigeration systems, food preparation stations, digital ordering technology and quality leasehold improvements throughout. The estimated replacement value of the equipment, improvements and build-out is significant, presenting an opportunity for a purchaser to acquire an established operation without the substantial capital expenditure, permitting delays and construction timelines typically associated with developing a comparable restaurant from scratch.
Property Details
MLS#:
X13472632
Status:
For Sale
About the Property
Rare opportunity to acquire a fully equipped turnkey restaurant in the heart of Centretown at the highly visible intersection of Bank Street and Somerset Street. This established location has operated continuously as a pizza restaurant for approximately 15 years and features approximately 1,500 sq. ft. of main floor restaurant space with seating for 30 guests, plus an additional 1,100 sq.
ft. basement offering future expansion potential for private events, catering operations, storage, or additional revenue-generating uses. The premises have benefited from extensive capital investment and feature a fully equipped turnkey restaurant operation with modern kitchen infrastructure, refrigeration systems, food preparation stations, digital ordering technology and quality leasehold improvements throughout. The estimated replacement value of the equipment, improvements and build-out is significant, presenting an opportunity for a purchaser to acquire an established operation without the substantial capital expenditure, permitting delays and construction timelines typically associated with developing a comparable restaurant from scratch.
Property Details
MLS#:
X13472632
Status:
For Sale
Property Type:
Sale Of Business
Central A/C:
No
Bedrooms:
Heating Fuel:
Gas Forced Air Open
Bathrooms:
Heating Type:
Gas Forced Air Open
Parking:
Cross Street:
bank and somerset
Basement:
Property Type:
Sale Of Business
Central A/C:
No
Bedrooms:
Heating Fuel:
Gas Forced Air Open
Bathrooms:
Heating Type:
Gas Forced Air Open
Parking:
Cross Street:
bank and somerset
Basement:
Maintenance:
Exterior:
Possession Date:
Jul 1, 2026
Maintenance:
Exterior:
Possession Date:
Jul 1, 2026