$624,800
2913 Danbury Way
North Gower, Ottawa
- 4 bd
- 3 ba
- House
1 / 22
$99,990
North Gower, Ottawa, ON K0A2T0 · MLS® X13709260
Milano Pizzeria! An exceptional commercial opportunity awaits in the heart of the growing North Gower community, located within the landmark property that once housed the beloved Marlborough Pub & Eatery. This prime location has quickly re-established itself as a local hotspot and is currently operating as the increasingly popular Milano Pizzeria, widely regarded as a town "craze" for its delicious menu and flexible takeout and small sit-in dining options. The real value of this opportunity lies in its exceptional potential for expansion, as the spacious premises include substantial additional usable space ideal for launching a second, fully independent business to meet strong local demand-particularly for Greek or Indian cuisine. A savvy operator can achieve significant efficiency by utilizing the existing, fully equipped commercial kitchen to support a second concept simultaneously. The buyer is completely free to operate under any business name of their choice. Future growth prospects are extremely promising, supported by a proposed 700,000 sq. ft. warehouse development nearby that is expected to generate a major and permanent increase in daily traffic and customer volume. This turnkey investment is further enhanced by attractive, simplified lease terms that include property taxes, Building insurance, septic maintenance, and common-area hydro in the rent, along with the security of an available renewable long-term lease option. Some photos have been virtually staged. (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 Royal Lepage Team Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.