773 Bank Street, Glebe - Ottawa East and Area
$99,000
773 Bank Street, Glebe - Ottawa East and Area
Total Monthly Obligation $774
No agent assigned
PRICED TO SELL! Excellent opportunity to acquire a Marble Slab Creamery franchise in the heart of the Glebe, on the corner of Bank Street and Second Avenue. This prime 1,400 sq. ft. location (plus basement storage) sits in one of Ottawa's most vibrant, high-traffic neighbourhoods, surrounded by retail, restaurants, Lansdowne and the Rideau Canal. Fully built out and recently renovated, with all equipment, fixtures and furniture included - a new owner can step in and start trading immediately with no additional capital investment required. Marble Slab is a well-known national brand famous for its fresh, in-store-made premium ice cream, hand-mixed on a frozen slab with unlimited mix-ins, fresh-baked waffle cones, ice cream cakes and more, backed by established systems, training and ongoing franchisor support. Secure a long-term lease in place until February 29, 2036 with 2 x 5 year options in place after 2036, which can bring the lease up to 2046, currently the rent is $6,500/month base rent plus $2,500/month estimated TMI + HST. Currently absentee-run and not operating to its full potential - an ideal owner-operator opportunity with clear upside through hands-on management, expanded delivery and growing cake and catering sales. Franchisor & landlord approval required for transfer. Don't miss a franchise opportunity at this price in the Glebe!
Closing Costs
Total Monthly Obligation
No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 773 Bank Street
Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.
Data is provided courtesy of PropTx.
The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.
Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).
The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Data last updated within the past 24 hours.