4 - 1050 Bank Street
Glebe - Ottawa East and Area, ON
- 1 bath
- 873 sqft
- Sale Of Business
- 43 days on market
Rare turnkey opportunity to acquire an established Bank Street food service business in the heart of Ottawa's Glebe. For God Shakes, an operating milkshake bar located steps from Lansdowne Park and Carleton University, is offered as a going concern including the business name, brand, goodwill, recipes, complete equipment package, and full lease continuity. Trailing twelve month revenue exceeded 397,000 dollars. The 873 square foot unit occupies a prime southbound Bank Street location with high pedestrian counts, established signage, and a modern buildout completed in 2023. Attractive lease locked at base rent to 2033 with a ten year renewal option. Suits owner-operator, first-time food service buyer, or existing operator seeking an additional cash flow location. Full financials, T2 returns, equipment schedule, and lease documents available under NDA following pre-qualification. Please do not approach staff on site. Contact listing agent for showing procedures.
Listing Details
- Listed
- August 6, 2026
Price History
Listing history
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Property
- Lot Size
- 114 x 100 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Bank bw Sunnyside and Lansdowne
- Zoning
- TM2[2645]
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Other
Included
- Inclusions
- Business name and trade name 'For God Shakes The Milkshake Bar', all goodwill, customer lists, recipes and menu IP, social media accounts and website, trademarks, all leasehold improvements, all chattels and equipment per attached asset list schedule, point of sale system, exterior signage, and existing lease with balance of term to September 30, 2033 plus one ten year renewal option.
- Exclusions
- Seller's personal items and any items designated on the executed schedule of exclusions at closing.
Community
Postal area K1S
- Population
- 31,257
- Private dwellings
- 15,662
- Median age
- 39.2
- Average household size
- 2.1
- Median household income
- $106,000
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 Glebe - Ottawa East and Area · last 12 months
- Median sold price
- $1,047,500
- Homes sold
- 260
- Median days on market
- 15
- Sale-to-list price
- 99.2%
Based on 260 recorded sales of commercial properties in Glebe - Ottawa East and Area over the last 12 months.
Listed by
ZOLO REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 873 sq ft
- Price per sq ft
- $45.70
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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