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180 RIDEAU Street

180 RIDEAU Street

Lower Town - Sandy Hill, ON

Sale Of Business • 576 days on market

$199,000Price reduced 53%

An exceptional opportunity to own Pho Ong Thin, a beloved dessert and pho restaurant located in the heart of Ottawas vibrant downtown! With a seating capacity of at least 44 and a prime location surrounded by university students and visitors, this establishment enjoys a steady flow of loyal customers. Renowned for its excellent service, delicious food, and indulgent desserts, offering healthy options and customizable dishes, making it a go-to spot for any craving. Whether youre looking for the best pho in Ottawa or a sweet treat to end your day, this restaurant delivers unmatched value and flavor. Embrace this rare chance to own a thriving business with a passion for love, authenticity, and culinary excellence. Act now to secure this downtown gem! Note: Rent: $9,040/month, including utilities / Seller willing to consider VTB up to 60 % for approved buyer.

Listing Details

Originally Listed
$425,000
Listed
January 27, 2025

Price History

Location & Legal

Cross Street
About 100 meters right from Rideau Center.
Zoning
N/A

Commercial

Business Type
Restaurant
Occupancy
Owner

Included

Inclusions
1 Walk-in Freezer, 1 Ice Machine, 1 Double Wok, 1 Stove, 6 Burners, 1 Deep Fryer, 1 Grill, 3 Stand Fridge, 2 Prep Fridge, All Tables and Chairs, and Booths.

Community

Postal area K1N

Population
26,639
Private dwellings
17,122
Median age
34
Average household size
1.8
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Lower Town - Sandy Hill · last 12 months

Median sold price
$470,000
Homes sold
227
Median days on market
35
Sale-to-list price
96.7%

Based on 227 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.

Listed by

ROYAL LEPAGE INTEGRITY REALTY

Location

R

Reita | Assistant

Online

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