858 Merivale Road, Ottawa, photo 1 1 / 24

$349,000

858 Merivale Road

Carlington, Ottawa, ON K1Z5Z4 · MLS® X13750094

About this property

Exceptional opportunity to acquire a large, well-established (over 30 years!) bar and restaurant in a high-traffic, highly visible location on Merivale Road. This spacious venue features a full-service bar, ample dining and seating areas, and a versatile layout ideal for dine-in service, nightlife, private events, and live entertainment. Situated in a vibrant commercial corridor surrounded by retail, offices, and dense residential neighbourhoods, the location benefits from strong daily traffic and excellent exposure. This large space is approx. 4000 sqft $10600/month including HST! Well equipped with commercial kitchen facilities and bar infrastructure, offering tremendous potential for experienced operators or new concepts. Plenty of on-site and nearby parking with easy access to major routes and public transit. Several parties per months for different groups like Salsa Dance, Boxing groups and more! A rare chance to own a sizable hospitality business in one of Ottawa's busiest and most established commercial districts. All existing chattels and equipment included. (id:65933)

Type
Business
Category
Business
Updated
Sep 6, 2026

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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 Power Marketing Real Estate Inc..

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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