Ottawa, ON K1N5Y8,382 RIDEAU STREET
Ottawa, ON K1N5Y8,382 RIDEAU STREET
Ottawa, ON K1N5Y8,382 RIDEAU STREET
Ottawa, ON K1N5Y8,382 RIDEAU STREET
Ottawa, ON K1N5Y8,382 RIDEAU STREET
Ottawa, ON K1N5Y8,382 RIDEAU STREET
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$ 299,000
Est. payment | /mo

Save
$ 299,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Sandy Hill

MLS® Listing ID 1401192

Originating Board Ottawa Real Estate Board

Property Description

A well-established Asian grocery store located on Rideau St, in the prime commercial district of downtown Ottawa. This spacious store spans 2,000 square feet, offering ample room to showcase a wide variety of products, including packaged foods, household items, and specialty Asian snacks, catering to diverse customer needs. The current lease terms are favorable, providing stability for potential buyers. The monthly rent before tax is $5,500, which includes building maintenance and HVAC services. The lease has one year remaining with an option to renew for five more years, providing long-term security. The store also comes with one parking space and waste management facilities, including a dumpster. In the fiscal year 2022-2023, the store achieved a revenue of CAD 1.23 million. The steady income is driven by a loyal customer base and the strategic location. This is a highly promising investment opportunity. (id:24570)

Location

Province ON

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

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Listed by COLDWELL BANKER SARAZEN REALTY

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382 RIDEAU STREET

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Jayson Sidhu

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