$949,000
648 Paakanaak Avenue
Emerald Woods/Sawmill Creek, Ottawa
- 5 bd
- 3 ba
- House
1 / 23
$69,995
Emerald Woods/Sawmill Creek, Ottawa, ON K1T3W1 · MLS® X13691664
18-Foot Food Trailer & Retail Space Opportunity**Turnkey Food Business - Established Location with Lease Opportunity**An excellent opportunity is available to purchase an **18-foot food trailer** currently set up and ready to operate as a food business. The buyer will also have the opportunity to **rent the existing retail space from the landlord**, subject to the landlord's approval. The business has been successfully operating at this location for approximately **12 years**. The current owner is retiring from the business due to health reasons, creating an exciting opportunity for a new owner to take over an established operation and benefit from the **existing goodwill and customer base**.The approximately **180 sq. ft. retail unit** offers a functional and efficient layout suitable for a variety of food-service or retail concepts. The premises feature a **covered entrance foyer** and provide excellent visibility and accessibility.Located on a **busy roadway with strong traffic, visibility, and exposure**, the property is ideally positioned close to numerous amenities and offers excellent potential for an entrepreneur looking to establish or expand a food business.### Key Features:* 18-foot food trailer included in the sale* Currently set up for Thai food and ready to operate* Approximately 180 sq. ft. retail space* Established location with approximately 12 years of operating history* Opportunity to benefit from existing goodwill and customer recognition* High-traffic location with excellent visibility and exposure* Covered entrance foyer* Flexible space suitable for various food or retail uses* **Three years of financial statements available** for qualified buyers* **New five-year lease in place*** Qualified buyers may assume the existing lease, subject to landlord approval This is a **turnkey opportunity **Serious and qualified buyers are encouraged to inquire for additional information, financial statements, and lease (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 Re/Max Hallmark Realty Group.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.