382 Rideau Street, Ottawa - Business for Sale
382 Rideau Street, Ottawa, Ontario, K1N5Y8
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
Extended: 39 days on market, against an average age of 62 days across the listings currently for sale in this city
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.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
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)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →



$99,860
Ottawa