$ 136,000

G1 - 1390 Prince Of Wales Drive, Ottawa

[Thai Coconut] Prime opportunity to acquire a well-established Thai restaurant with over 20 years of history in a highly visible and convenient location on Prince of Wales Drive. This turnkey business has built a loyal and established customer base over the years and is primarily focused on takeout, offering an established business model with consistent customer demand.The sale includes the existing kitchen equipment, dining tables and chairs, allowing the new owner to take over the operation with minimal additional setup. The current owner is also willing to provide training and transition support to help ensure a smooth handover and seamless continuation of the business after closing.The business benefits from approximately 5 years remaining on the current lease, with all-inclusive rent covering water, electricity and property taxes. The owner is responsible for gas, which typically ranges from approximately $200-$300 per month depending on the season.The lease includes two underground parking spaces, with additional underground parking available at only $50 per space per month. The building is professionally managed, with responsive property management that addresses maintenance and building-related matters efficiently. The landlord is also very cooperative, providing a supportive environment for the continued operation of the business. (id:1945)
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Property details for G1 - 1390 Prince Of Wales Drive, Ottawa

Type
Commercial
Parking
Underground
Heating
Other
Cooling
Fully air conditioned

Nearby Listings Stat

Estimated price and comparable properties near G1 - 1390 Prince Of Wales Drive

Active Listings
161
Min Price
$1
Max Price
$3,600,000
Avg Price
$720,150
Days on Market
55
days
Sold Listings
59
Min Sold Price
$170,000
Max Sold Price
$4,500,000
Avg Sold Price
$839,456
Days until Sold
51
days

Neighbourhood Census Data

Ottawa, Ontario

Population
1,239
Median Age
28.4
Median Income
$22,669
Dwelling Value
$199,976

Housing Tenure

Owners 48%
Renters 52%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 9,198.2/km²
Avg Shelter Cost: $1,223/mo
Owners with Mortgage: 49.1%
Owners Spending 30%+: 39.3%
Tenants Spending 30%+: 37.3%
English only: 67.6%
French only: 2.4%
English and French: 28.7%
Neither: 2%
Median Household Income: $47,232
Median Employment Income: $16,304

Price History

Listed
August 19, 2026
by ROYAL LEPAGE INTEGRITY REALTY
Current Price
$136,000
Type
Commercial
For Sale
G1 - 1390 Prince Of Wales Drive

Contact Agent Get in touch about G1 - 1390 Prince Of Wales Drive, Ottawa

Jenny Yao
Jenny Yao
ROYAL LEPAGE INTEGRITY REALTY