118 Clarence ST new

Lower Town - Sandy Hill,ON K1N 7E7

$ 10000

- Bed

3 Baths

3400 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Rent

Square Footage 3,400 sqft

Subdivision 4001 - Lower Town/Byward Market

MLS Listing ID X12145874

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Right in the heart of the ByWard Market, a unique restaurant bar is now available for lease, offering a turn-key move-in ready opportunity in Ottawa's premier restaurant and nightlife district. This modern facility includes a full bar with televisions for guests, indoor and outdoor dining areas, a complete commercial kitchen with a gas-fired oven, an 8-foot hood fan, grill top, stove top, 2 deep fryers, and walk-in refrigeration. There's a preparation and dishwashing area next to the kitchen. Outdoor seating is partially covered with a plexiglass awning that keeps out the rain and wind, allowing the use of most of the patio from early Spring through late Fall. The indoor bar area seats 34 people. An indoor backroom seats 34 people, and the terrace seats more than 50. The backroom has an exclusive bathroom, a fantastic space for private parties and events. Bathrooms for the restaurant are available indoors on the second floor of the building. This unique space is now available to sublease for five years or more. Rent is a semi-gross structure of $10,000 per month for the first year of the term with annual escalations. This rent includes building operating costs. Utilities are extra. Operate a dine-in and take-out business all year round. Benefit from high pedestrian traffic, numerous hotels, residents, businesses and tourism in the immediate area.

Location

Province ON

County Ottawa

Community 4001 - Lower Town/Byward Market

Area Ottawa

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 30.0

Lot Depth 100.0

Others

Security Features No

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