1196 Bank Street, Ottawa
Turn-Key Restaurant Opportunity - Established, Profitable, and Ready to Grow. A rare chance to own a long-running, turn-key restaurant with a loyal customer base and proven systems already in place - start generating income from day one. Located on a busy main street with heavy foot traffic and strong online ordering sales, this business has thrived for years and is only being offered for sale as the current owner pursues other ventures.The lease is a standout feature of this opportunity, offering exceptional terms with the flexibility to extend or expand. The adjacent unit is expected to become available soon, opening the door to add table seating alongside the current bar-style seating - a natural next step for growth. There's also clear upside for a new owner to capture the breakfast crowd by opening earlier.Surrounded by round-the-clock pedestrian traffic in a rapidly developing neighbourhood, this location is only gaining momentum. A fantastic opportunity for an owner-operator or investor looking for a business with real upside. (id:1945)
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Property details for 1196 Bank Street, Ottawa
- Type
- Commercial
- Lot Size
- 10 x 77.91 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 1196 Bank Street
Active Listings
335
Min Price
$20,000
Max Price
$12,000,000
Avg Price
$975,382
Days on Market
71
days
Sold Listings
103
Min Sold Price
$6,900
Max Sold Price
$12,000,000
Avg Sold Price
$1,011,923
Days until Sold
70
days
Price History
Listed
September 7, 2026
by ROYAL LEPAGE INTEGRITY REALTY
Current Price
$44,900
+28.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $44,900 | +$9,901 (+28.3%) |
| Sep 7, 2026 | $34,999 | Listed |