1223 Michael Street, Ottawa
An excellent turnkey business opportunity----A well-run restaurant is for sale:It boasts a prime location on the ground floor of a large office building, serving five surrounding office buildings. Offering both takeout and dine-in services,the restaurant(1780 sq feet) can accommodate 30 people at the same time, it enjoys a stable customer base and consistent income. The current owner has run the restaurant for 10 years and is reluctantly selling due to retirement. The restaurant primarily serves breakfast and lunch, operating five days a week, closed on weekends and holidays, from 8 am to 4 pm daily.the monthly rent($1612.5+tax) is low and includes all utilities(water,electricity and heating,cooling).all items in this business are sold as is. (id:1945)
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Property details for 1223 Michael Street, Ottawa
- Type
- Commercial
- Living Area
- 1,780 square feet
- Lot Size
- Bldg=100 x 120 FT
- Parking
- Underground
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 1223 Michael Street
Active Listings
85
Min Price
$2,200
Max Price
$5,599,999
Avg Price
$704,258
Days on Market
106
days
Sold Listings
36
Min Sold Price
$59,990
Max Sold Price
$1,099,000
Avg Sold Price
$597,802
Days until Sold
53
days
Neighbourhood Census Data
Ottawa, Ontario
Population
263
Median Age
41
Median Income
$31,019
Dwelling Value
$240,320
Housing Tenure
Owners 77%
Renters 23%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 67.6/km²
Avg Shelter Cost: $1,066/mo
Owners with Mortgage: 55.6%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 80%
English only: 56.6%
French only: 5.7%
English and French: 35.8%
Neither: 1.9%
Median Household Income: $75,264
Median Employment Income: $31,392
Price History
Listed
August 15, 2026
by RIGHT AT HOME REALTY
Current Price
$88,000
Type
Commercial
For Sale
Contact Agent Get in touch about 1223 Michael Street, Ottawa
Jian Ding
RIGHT AT HOME REALTY
