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    For Sale - 382 Rideau Street, Lower Town - Sandy Hill, Ontario

    Est payment $480/mo
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    Time on Jump  1 days

    AI Summary *

    • Turnkey Asian grocery business in a prime downtown Ottawa location.
    • Established customer base with a wide range of grocery products.
    • Recently renewed lease offers long-term stability through 2030.
    • Excellent accessibility with shared parking and waste management access.
    • Established supplier network enhances product sourcing and competitive edge.




    Turnkey asian grocery business located in the prime commercial corridor of rideau street in downtown ottawa. This well-established business operates in an approximately 2,000 sq. Ft. Retail space, offering a wide range of asian grocery products and serving a loyal and consistent customer base. The lease has been recently renewed for a 5-year term (2025-2030), providing long-term stability. Current base rent is $44,000/year for the first two years and $46,000/year for the remaining term, plus hst, with total monthly occupancy costs approximately ranging from $6,400 to $6,600. The property offers excellent accessibility, including 12 shared parking spaces at the rear plus 1 dedicated parking space, along with access to waste management facilities. Flexible permitted uses (excluding korean restaurant and cannabis-related uses) allow for various retail or food-related concepts. A key value-add is the established supplier network, including access to unique product sourcing channels not commonly available to standard retail operators, providing strong competitive advantage and margin potential. A great opportunity for owner-operators or investors seeking a stable, income-generating business in a high-traffic downtown location.
    Listing IDX12939338
    Address382 Rideau Street
    CityLower Town - Sandy Hill, Ontario
    Price$100,000
    Bath1 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  KELLER WILLIAMS ICON REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    382 Rideau Street
    Lower Town - Sandy Hill , Ontario
    1 $100,000
    Get more info