1/1114 - 1580 MERIVALE ROAD, Ottawa
14 - 1580 MERIVALE ROAD, Ottawa, ON K2G4B5
$130,000 total
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Asset Class
Retail
Size
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Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
93%
Lot Size
1073 ac
About this property
Important Video Attached (Please Watch 1st) - Plus - My below listing: Romeo's Donair and Pizza is a long-standing Ottawa restaurant with dine-in seating, located in a Merivale Road plaza with several other restaurants and ample parking. The seller dates the business's opening to 1980. Continue the existing donair and pizza concept or explore a different restaurant format, subject to lease terms and any required approvals. Asset sale. Inventory excluded. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$600
Projected NOI
$7K
Annual cash flow
$-14
Cash-on-cash
-0.04%
DSCR
1.00
Going-in cap
5.53%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
100,014
Households
35,389
Median income
$71,000
Median age
38.9
Daytime population
132,641
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 14 - 1580 MERIVALE ROAD, Ottawa.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.