$275,000
308 - 15 Murray Street
Lower Town/Byward Market, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 17
$98,000
Lower Town/Byward Market, Ottawa, ON K1N5P3 · MLS® X12338988
Rare opportunity to purchase a profitable and well-established nail salon business in the heart of Ottawa's iconic ByWard Market. Located at the high-traffic corner of Clarence and Sussex, directly across from the U.S. Embassy, this Nails & Beauty Spa attracts steady clientele from both locals and tourists year-round. Ideal for an individual hairstylist, esthetician, massage therapist, or other complementary wellness services to benefit from the salons existing success. A turnkey opportunity in a high-end, high-visibility location perfect for entrepreneurs looking to enter or expand in the beauty and wellness industry. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Coldwell Banker Sarazen Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.