For Sale Retail

382 Rideau Street

$99,860 Est. $442/mo ↓

Ottawa, Ontario K1N 5Y8

1 Bathrooms
2,000 sqft Interior
Bldg=132 X 99 Ft Lot size
12 days ago Listed
Virtual tour Fully Air Conditioned Forced Air

About this home

Prime Asian Grocery Store for Sale - Rideau Street, Downtown Ottawa. A well-established Asian grocery store is now available in the heart of downtown Ottawa's core commercial district on Rideau Street. With a prime location and heavy foot traffic, this is a true turnkey opportunity-step in and start operating right away.The store offers 2,000 sq. ft. of beautifully renovated space, complete with a walk-in freezer and storage room. Inside, you'll find high-end shelving, bright lighting, and a well-planned layout that creates a comfortable shopping environment and supports efficient operations. The product selection is extensive, covering snacks, beverages, cosmetics and skincare, children's products, and everyday Asian groceries-all backed by a loyal customer base.The lease is secured until 2030, with the option to renew upon you like, at an excellent rate-keeping operating costs low and offering great value. The store is equipped with a remote-accessible surveillance system, and the alarm is directly connected to a monitoring center for complete peace of mind. Parking is convenient, with 12 spaces plus 1 dedicated spot. Aside from Korean restaurants and cannabis-related businesses, the space is suitable for a wide range of retail or food-service uses, offering plenty of flexibility for future repositioning.The store also comes with a well-established suppliers and customers networks, including sourcing channels that are difficult for ordinary retailers to access-providing a clear competitive edge and very great profit . If you're looking for a stable, profitable business in a prime downtown location, this is a great opportunity. (id:28469)

Facts & features

Property

MLS® Number
X13834566
Property Type
Retail
Neighbourhood
Byward Market
Community Name
4003 - Sandy Hill

Building

Bathroom Total
1
Appliances
Freezer
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
2000 Sqft
Size Interior
2,000 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
99 Ft
Size Frontage
132 Ft
Size Irregular
Bldg=132 X 99 Ft
Size Total Text
Bldg=132 X 99 Ft
Zoning Description
Traditional Mainstreet Zone

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$442/mo
Ontario land transfer tax
$724 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $724 back on land transfer tax.

The Sandy Hill market

59 Active listings
$399,900 Median asking price
75% below median This home
33 days Avg. time on market
Browse all Sandy Hill listings →

Location

382 Rideau Street, Ottawa, Ontario K1N 5Y8  ·  Get directions

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