We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
288 BANK STREET, Ottawa
2026-06-22
Quick Summary
- Location
- 288 BANK STREET, Ottawa, Ontario K2P1X1
- Price
- $294,900
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 1500 sqft
MLS®#X13472632
Property Description
Rare opportunity to acquire a fully equipped turnkey restaurant in the heart of Centretown at the highly visible intersection of Bank Street and Somerset Street. This established location has operated continuously as a pizza restaurant for approximately 15 years and features approximately 1,500 sq. ft. of main floor restaurant space with seating for 30 guests, plus an additional 1,100 sq. ft. basement offering future expansion potential for private events, catering operations, storage, or additional revenue-generating uses. The premises have benefited from extensive capital investment and feature a fully equipped turnkey restaurant operation with modern kitchen infrastructure, refrigeration systems, food preparation stations, digital ordering technology and quality leasehold improvements throughout. The estimated replacement value of the equipment, improvements and build-out is significant, presenting an opportunity for a purchaser to acquire an established operation without the substantial capital expenditure, permitting delays and construction timelines typically associated with developing a comparable restaurant from scratch. The business also benefits from a highly favourable gross lease structure, providing predictable occupancy costs with property taxes, common area maintenance, snow removal, building insurance and other operating costs included in the rent, a significant advantage. Prime Bank Street exposure benefits from exceptional pedestrian and vehicle traffic in one of Ottawa's busiest commercial corridors. Ideal opportunity for an owner-operator seeking an established location with existing infrastructure and future growth potential. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 1500 sqft
- Utility Water: Municipal water
Land
- Land Size: Unit=35 x 75 FT
Zoning
- Description: Commercial
Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2026-06-23 13:52:33
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
- Phone:
- (613) 883-8098
- Mobile:
- (613) 883-8098
- Email:
- sheila.forwarddavis@gmail.com
- Support Area:
- Ottawa, Kanata, Manotick
Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileSergiu Buhatel Broker
- Phone:
- (613) 724-8815
- Email:
- sergiu.buhatel@gmail.com
- Support Area:
- Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth
Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He holds ...
Full ProfileRyan Cooper Realtor®
- Phone:
- 613-983-6258
- Email:
- info@nicehomesniceplaces.ca
- Support Area:
- Central Ottawa, Ottawa West, Kanata, Stittsville, Barrhaven, Bell Corners, Nepean, Riverside South, Gloucester, Blackburn Hamlet, Orleans, Rockland
Before entering real estate, Ryan spent much of my professional career working with numbers, contrac ...
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