6594 FOURTH LINE ROAD, Ottawa
$99,990
For sale: Other
- Property type
- Sale Of Business
- Bedrooms / bathrooms
- 1 bathroom
- MLS®
- MLS® X13709260
- Neighbourhood
- 8009 - North Gower
Milano Pizzeria! An exceptional commercial opportunity awaits in the heart of the growing North Gower community, located within the landmark property that once housed the beloved Marlborough Pub & Eatery. This prime location has quickly re-established itself as a local hotspot and is currently operating as the increasingly popular Milano Pizzeria, widely regarded as a town "craze" for its delicious menu and flexible takeout and small sit-in dining options. The real value of this opportunity lies in its exceptional potential for expansion, as the spacious premises include substantial additional usable space ideal for launching a second, fully independent business to meet strong local demand-particularly for Greek or Indian cuisine. A savvy operator can achieve significant efficiency by utilizing the existing, fully equipped commercial kitchen to support a second concept simultaneously. The buyer is completely free to operate under any business name of their choice. Future growth prospects are extremely promising, supported by a proposed 700,000 sq. ft. warehouse development nearby that is expected to generate a major and permanent increase in daily traffic and customer volume. This turnkey investment is further enhanced by attractive, simplified lease terms that include property taxes, Building insurance, septic maintenance, and common-area hydro in the rent, along with the security of an available renewable long-term lease option. Some photos have been virtually staged.
Sold data
Other homes in Ottawa — recent sold market
Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $799,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $799,000
- Sale-to-list ratio
- 97.5%
- Sold above asking
- 13%
Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
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