$574,900
2423 Clementine Boulevard
Heron Park, Ottawa
- 3 bd
- 2 ba
- House
$350,000
Heron Park, Ottawa, ON K1V7Y6 · MLS® X14130588
ESTABLISHED BAR & RESTAURANT IN THE HEART OF OTTAWA!An exciting opportunity to acquire an established bar and restaurant in the heart of Ottawa, known as a popular destination for young professionals and nightlife enthusiasts. Combining food, drinks, great music, an energetic atmosphere, and dancing late into the night, this business attracts patrons looking to unwind after work and enjoy Ottawa's vibrant nightlife throughout the week.After successfully establishing the business, the owner is ready to pursue other priorities, opening the door for a new owner to take the reins and build on its existing foundation. An ideal opportunity for an experienced bar and restaurant operator looking to acquire an established business with the potential to further develop its clientele and offerings.BUSINESS SALE ONLY. Experienced buyers are encouraged to inquire. Strict confidentiality is required. Please do not approach the business or its staff directly. All inquiries must be directed through the listing agent. (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 Coldwell Banker Sarazen Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.