1196 Bank Street
Glebe - Ottawa East and Area, ON
- Sale Of Business
Priced to sell at $36,900! Established take-out restaurant for sale on busy Bank Street in the Glebe, one of Ottawa's most walkable, high-traffic neighbourhoods. Currently operating as a halal smash burger concept, but the space and equipment suit many other food businesses: café, bubble tea, shawarma, sandwich or wrap shop, dessert bar, pizza, breakfast spot, ghost kitchen and more. Sale includes the business, goodwill and a full commercial kitchen equipment package: freezers, refrigerators, sandwich prep fridge, two Eurodib flat-top grills, induction cooker, Vent-A-Hood exhaust fans, commercial ice machine, prep tables, triple sink, grease trap, cup sealing machine, TV menu screens, coffee machines, mixers and more. Lease in place until June 2029 with basement storage room included; assignment and any change of concept subject to landlord approval. Skip the cost of a new build-out and launch your own concept on one of Ottawa's best-known commercial streets. Inventory not included. Business sale only; real property not included.
Listing Details
- Listed
- October 28, 2026
Price History
Listing history
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Property
- Lot Size
- 10 x 77.91 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Bank St., between Grove Ave. and Chesley Ave.
- Zoning
- TM2 H(15)
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
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
- $1,025,000
- Homes sold
- 256
- Median days on market
- 15
- Sale-to-list price
- 99.0%
Based on 256 recorded sales of commercial properties in Glebe - Ottawa East and Area over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
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Location
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