For Sale Business

4 - 1050 Bank Street

$39,900 Est. $177/mo ↓

Ottawa, Ontario K1S 3X2

1 Bathrooms
873 sqft Interior
1 Parking spaces
114 X 100 Ft Lot size
1 day ago Listed
Fully Air Conditioned Forced Air

About this home

Rare turnkey opportunity to acquire an established Bank Street food service business in the heart of Ottawa's Glebe. For God Shakes, an operating milkshake bar located steps from Lansdowne Park and Carleton University, is offered as a going concern including the business name, brand, goodwill, recipes, complete equipment package, and full lease continuity. Trailing twelve month revenue exceeded 397,000 dollars. The 873 square foot unit occupies a prime southbound Bank Street location with high pedestrian counts, established signage, and a modern buildout completed in 2023. Attractive lease locked at base rent to 2033 with a ten year renewal option. Suits owner-operator, first-time food service buyer, or existing operator seeking an additional cash flow location. Full financials, T2 returns, equipment schedule, and lease documents available under NDA following pre-qualification. Please do not approach staff on site. Contact listing agent for showing procedures. (id:28469)

Business

Name For God Shakes The Milkshake Bar

Facts & features

Property

MLS® Number
X13647662
Property Type
Business
Community Name
4403 - Old Ottawa South
Farm Type
Other
Parking Space Total
1

Building

Bathroom Total
1
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
873 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
100 Ft
Size Frontage
114 Ft
Size Irregular
114 X 100 Ft
Size Total Text
114 X 100 Ft
Zoning Description
Tm2[2645]

The Old Ottawa South market

14 Active listings
$1,000,000 Median asking price
96% below median This home
36 days Avg. time on market
Browse all Old Ottawa South listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$177/mo
Ontario land transfer tax
$200 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $200 back on land transfer tax.

Location

4 - 1050 Bank Street, Ottawa, Ontario K1S 3X2  ·  Get directions

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