$1,324,800
179-181 Goulburn Avenue
Sandy Hill, Ottawa
- 10 bd
- 3 ba
- House
1 / 24
$175,900
Sandy Hill, Ottawa, ON K1N5Z4 · MLS® X13544146
Prime Downtown Ottawa Turnkey Restaurant Opportunity (Rideau St.)Secure a high-foot-traffic, 1,200 sq. ft. location in the heart of downtown Ottawa on Rideau Street, offering a fully-equipped pizza production facility through an asset and lease sale (brand name and real estate not included). This space features a comprehensive inventory of premium equipment-including XLT ovens, Norbec walk-in coolers, and custom stainless steel prep stations-all supported by a fire suppression system fully updated in January 2026 to meet City of Ottawa guidelines. At a competitive monthly rent of $4,500 (including base rent and TMI), this is an ideal "plug-and-play" setup for an operator looking to launch their own brand in a high-density delivery and walk-in zone. DO NOT APPROACH EMPLOYEES WITH ANY QUERIES. (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 Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.