$230,000
304 - 475 Laurier Avenue W
Ottawa Centre, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 12
$200,000
Ottawa Centre, Ottawa, ON K2P0J8 · MLS® X13684362
Luxurious restaurant / wine bar in a central location right in the heart of Somerset Village. Business asset sale only, not including trade name and not including property. Remarkably nice and fully fixtured restaurant in a heritage building offering a turnkey opportunity to start a new concept. High traffic urban location surrounded by many successful local businesses in the immediate block including Prohibition, Arlo, Trofi, Union 613 and more. The space underwent extensive renovations creating a stunning and charming atmosphere. Features include a large bar seating area, private dining room, kitchen exhaust hood in an open-style kitchen, wine display cabinet, wine cellar in basement, washrooms and storage in basement. Small patio opportunity also available at the front. (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.
Listed by Shaker Realty Ltd..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.