11 - 1950 Merivale Road
Tanglewood - Grenfell Glen - Pineglen, ON
- 2 bath
- 2,200 sqft
- Commercial Retail
- 225 days on market
Newly Established Persian Restaurant on Prime Merivale Road. Excellent opportunity to acquire Vasta Bread and Sandwich, a recently opened restaurant (March 2025) prominently located on busy Merivale Road, one of Ottawa's most sought-after commercial corridors. The business has quickly built a loyal following and strong reputation, boasting an impressive 4.9-star rating.The restaurant offers a diverse menu including fresh baked bread, gourmet sandwiches, BBQ and grilled plates, kebabs, rice dishes, family platters, and traditional specialties, appealing to a wide customer base for dine-in, take-out, and delivery.The unit consists of two combined spaces totalling approximately 2,200 SF (900 SF + 1,300 SF), providing flexibility for future expansion or the potential to operate two separate concepts or businesses. There are 3 years remaining on the current lease, and all equipment is owned outright with no leased equipment, making this a true turnkey operation.Featuring excellent street visibility, strong signage exposure, and steady vehicle and foot traffic, this location is surrounded by established retail, office, and residential uses. A rare opportunity to take over a newer, well-reviewed restaurant with strong growth potential in a high-traffic main-road location.
Listing Details
- Listed
- February 4, 2026
Price History
Listing history
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Parking
- Garage
- None
Location & Legal
- Cross Street
- Merivale Rd / Slack Rd
- Zoning
- Commercial
- Parcel Number
- 046290872
- Possession
- Immediate
- Occupancy
- Owner
Included
- Inclusions
- All restaurant equipment, trade name, signage, supplies (full list to be provided within conditional period)
Community
Postal area K2G
- Population
- 50,692
- Private dwellings
- 18,451
- Median age
- 40
- Average household size
- 2.8
- Median household income
- $114,000
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 Tanglewood - Grenfell Glen - Pineglen · last 12 months
- Median sold price
- $436,000
- Homes sold
- 39
- Median days on market
- 19
- Sale-to-list price
- 97.6%
Based on 39 recorded sales of commercial properties in Tanglewood - Grenfell Glen - Pineglen over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,200 sq ft
- Price per sq ft
- $145.41
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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