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170 Metcalfe Street

170 Metcalfe Street

Ottawa Centre, ON

  • 1,375 sqft
  • Sale Of Business
  • 106 days on market
$199,000

Prime asset sale of a turn-key restaurant space in heart of Centretown. Continue existing franchise restaurant or bring your own concept. Located on a premier high-visibility corner with exceptional exposure, and high foot and vehicle traffic. The unit is 1,375 sq. ft. with a flexible, open layout ideal for a range of concepts from quick-service to casual dining. The dining area is bright and inviting, supporting comfortable dine-in and grab-and-go experiences. Benefit from the modern, high-end restaurant fit-up and equipment for a fraction of the cost of building yourself. This location offers significant growth potential as Centretown's office occupancy rebounds and the daytime population expands. Existing lease to be assumed by Buyer, subject to Landlord approval. Semi-Gross rent $6,846.74 per month plus HST, plus hydro. Schedule all showings through the listing agent; please do not approach staff with inquiries.

Listing Details

Listed
May 20, 2026

Price History

Parking

Garage
None

Location & Legal

Cross Street
Metcalfe and Nepean
Zoning
R5B[889] H(37)
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Restaurant

Community

Postal area K2P

Population
18,825
Private dwellings
14,113
Median age
34.4
Average household size
1.5
Median household income
$66,500

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 Ottawa Centre · last 12 months

Median sold price
$450,500
Homes sold
370
Median days on market
32
Sale-to-list price
97.1%

Based on 370 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

SHAKER REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
1,375 sq ft
Price per sq ft
$144.73

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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