$189,000
Available - For Sale
Listing ID: X9517498
2284 TENTH LINE Rd , Unit F1, Orleans - Cumberland and Area, K4A 0X4, Ontario


Your opportunity to acquire the rights to a high-end turn-key restaurant space. Asset sale in a leased triple-A plaza. The premises are an end cap unit with a covered outdoor patio on the side of the building. The space is 2076.3 square feet. The restaurant features a full open-concept commercial kitchen with a hood fan ventilation system, grease trap, dishwashing station, cooking equipment, and preparation stations plus a back office and two bathrooms. All kitchen equipment and furniture are included in this sale. Rent is very reasonable with a fixed net rate below the current market value at $28 psf. A scheduled increase to $30 psf net will start in November 2024 and remain fixed for the balance of the term which ends on October 31, 2031. The total monthly rent including all building operating costs and HST is currently $8,716.20. A stand-up refrigerator and a freezer are included in the sale. No walk-in refrigeration or freezer was installed in the building.
Price $189,000
Occupancy by: Tenant
Address: 2284 TENTH LINE Rd , Unit F1, Orleans - Cumberland and Area, K4A 0X4, Ontario
Apt/Unit: F1
Postal Code: K4A 0X4
Province/State: Ontario
Directions/Cross Streets: South of Innes Rd on Tenth Line Road near the intersection of Brian Coburn Rd.
Category: Without Property
Use: Restaurant
Business/Building Name: UNLISTED
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS INTEGRITY REALTY
Personal Picture
Mona Bassily
Sales Representative
Dir:
416-315-7728
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Com - Sale Of Business
Area: Ottawa
Municipality: Orleans - Cumberland and Area
Neighbourhood: 1117 - Avalon West
Style:
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Approximate Age:
Tax: $0
Maintenance Fee: $0
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Garage: 0
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