$319,900
Available - For Sale
Listing ID: X12766862
1950 Merivale Road , Tanglewood - Grenfell Glen - Pineglen, K2G 5T5, Ottawa
| 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. |
| Price | $319,900 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 1950 Merivale Road , Tanglewood - Grenfell Glen - Pineglen, K2G 5T5, Ottawa |
| Postal Code: | K2G 5T5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Merivale Rd / Slack Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 2200.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Vasta Bread and Sandwich |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 11 |
| Employees #: | 5 |
| Sprinklers: | No |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE INTEGRITY REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Tanglewood - Grenfell Glen - Pineglen |
| Neighbourhood: | 7502 - Merivale Industrial Park |
| Baths: | 2 |
| Fireplace: | N |
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