$29,000
1581 Bank Street C, Alta Vista and Area, ON K1H 7Z3
Beds
Baths
Parking
Moroccan restaurant "Moul Hanout" located in one of the best commercial areas in Ottawa on busy Bank Street at the corner of Heron Road, in a small plaza of 5 stores with ample parking and excellent visibility. Current rent including HST, water, gas with the tenant paying electricity only. This is a smart investment opportunity offering stable existing income, immediate cash flow, and clear avenues for growth, making it ideal for an owner-operator or family business. The business is licensed by the city for grocery and deli meals sales including sandwiches, bakery, salads, and other prepared foods. The buyer may continue the current concept, change the business name, introduce a different type of cuisine, or operate another kind of business, making this a flexible opportunity in a high-traffic and easily accessible location with strong business potential.

Property Summary

Property Type Commercial
Property Sub Type Sale Of Business
Transaction Type For Sale
Possession TBD

Building

Building Type Sale Of Business
Square Footage 500
Building Area Units Square Feet
Heating Electric Forced Air
Cooling Yes

Measurements

Lot Size 90 x 127.8
Lot Size Units Feet
Frontage 90
Depth 127.8
Total Living Area 500

Land

Address 1581 Bank Street C, Alta Vista and Area, ON K1H 7Z3
City Alta Vista and Area
Community 3605 - Alta Vista
County / Area Ottawa
Cross Street BANK AND HERON
Parcel Number 041480221

Parking and Garage

Garage Type Plaza

Taxes and Listing Info

List Price $29,000
Annual Taxes $0
Tax Year 2025
Status Active
Listing Date 2026-05-23T15:23:43Z
Updated 2026-05-23T15:23:43Z
MLS Number X13166130
Local Market Insight

What Buyers Should Know About 1581 Bank Street C, Alta Vista and Area, ON K1H 7Z3

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

1581 Bank Street C, Alta Vista and Area, ON K1H 7Z3 is positioned in 3605 - Alta Vista, a part of Alta Vista and Area where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Sale Of Business, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Sale Of Business should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to BANK AND HERON, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $29,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 90 x 127.8, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Alta Vista and Area, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 3605 - Alta Vista. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 1581 Bank Street C, Alta Vista and Area, ON K1H 7Z3, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.