For Sale Business

G1 - 1390 Prince Of Wales Drive

$136,000 Est. $602/mo ↓

Ottawa, Ontario K2C 3N2

4 days ago Listed
Fully Air Conditioned Other

About this home

[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:28469)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub
Name Thai Coconut

Facts & features

Property

MLS® Number
X13689862
Property Type
Business
Neighbourhood
Rideauview
Community Name
4702 - Carleton Square

Building

Cooling Type
Fully Air Conditioned
Heating Type
Other
Utility Water
Municipal Water

Parking

Underground

Land

Acreage
No
Zoning Description
Commercial

The Carleton Square market

12 Active listings
$303,200 Median asking price
55% below median This home
30 days Avg. time on market
Browse all Carleton Square 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
$602/mo
Ontario land transfer tax
$1,085 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $1,085 back on land transfer tax.

Location

G1 - 1390 Prince Of Wales Drive, Ottawa, Ontario K2C 3N2  ·  Get directions

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