haho.ca
$99,860
For sale

382 Rideau Street, Ottawa - Business for Sale

382 Rideau Street, Ottawa, Ontario, K1N5Y8

1 bath2,000 ft²Listed 39 days ago
Overview

This business in Ottawa is for sale offering roughly 2,000 sq ft of space. It has been on the market 39 days, fresher than the Ottawa average of 62 days.

Description

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:66096)

Property Details

MLS®
X13834566
Property Type
Business
Business Type
Retail and Wholesale
Zoning
Traditional Mainstreet Zone
Bathrooms
1
Interior Size
2,000 ft²
Frontage
132 ft
Building Area
2,000 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
39 days ago

Features

Appliances
Freezer

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
39d
Ottawa listings, avg age
62d
Price / ft²
$50
List price
$100K

Extended: 39 days on market, against an average age of 62 days across the listings currently for sale in this city

Haho

This business in Ottawa has been listed for 39 days, which is 23 days fresher than the city average of 62. Act while there is still low competition.

Listed by COLDWELL BANKER FIRST OTTAWA REALTY · Stephen Wu

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1N)

This home lists at $99,860, about 1.6× the local median household income of $64,000.

Carrying it typically needs a household income of about $19,506 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$64,000
Population
26,639
Median age
34
Owner / renter
24% / 76%
Avg. household size
1.8

Source: Statistics Canada, 2021 Census (FSA K1N)

$99,860· $50/ft²
For sale

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Financing

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$99,860

Ottawa

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