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$ 249,000
Est. payment /mo
New
189 Lyon ST N Ottawa Centre, ON K1R 5C1
5 Baths
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $45
Subdivision 4101 - Ottawa Centre
MLS Listing ID X13683578
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
A rare opportunity to acquire a fully built-out, high-end restaurant in the heart of downtown Ottawa. Just steps from Parliament Hill, major hotels, and thousands of office workers, this location sits on a busy corner with excellent visibility. Guests can enter directly from thestreet or through the prestigious Minto One80Five building, ensuring a steady mix of locals,business professionals, and tourists year-round. The restaurant offers 4,868 sq. ft. of beautifully designed space with multiple dining rooms and a huge production kitchen capable of handling high-volume service. Licensed for 185 guests inside plus 60 more on a gorgeous elevated patio, the layout is ideal for lunch crowds, business dinners, private events, and evening service. The design provides flexibility for both intimate dining and larger gatherings. With an outstanding gross lease of only $12,000 per month (including TMI) and 4 + 5+ 5 years remaining, the economics are hard to beat. The business is available turnkey but also presents an excellent opportunity for rebranding into a new concept, cuisine, or franchise.Please do not go direct or speak to staff or ownership.
Location
Province ON
County Ottawa
Area Ottawa
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Building
Lot Description Lot
Lited by ROYAL LEPAGE SIGNATURE REALTY