haho.ca
$249,000
For sale

#Unit G 1541 Merivale Road, Ottawa - Business for Sale

#Unit G 1541 Merivale Road, Ottawa, Ontario, K2G5W1

Listed 111 days ago
Overview

This business in Ottawa is for sale.

Description

PRICED TO SELL !!! Incredible opportunity to own a well-established ethnic grocery store with a FULLY equipped commercial KITCHEN, dine-in seating, and online ordering platform in one of Ottawa's busiest retail corridors. This turnkey business is now aggressively priced for a quick sale. Located on highly sought-after Merivale Road at the prominent corner of Merivale Road & Capilano Drive, this prime location offers exceptional visibility, constant traffic exposure, easy access from all parts of Ottawa, ample on-site parking, and nearby public transit. The spacious layout features a grocery retail area, fully equipped commercial kitchen, generous storage, and ample seating, providing multiple revenue opportunities including grocery sales, takeout, catering, meal preparation, and dine-in service. A professionally developed website supports online ordering for both groceries and freshly prepared meals. Continue operating the successful existing Indian grocery business with its established customer base, or easily transform the space into another ethnic grocery store, specialty food market, café, bakery, restaurant, or other food concept with minimal modifications. This is an outstanding opportunity for owner-operators, families, entrepreneurs, or investors looking to acquire a flexible, fully operational business in a high-demand commercial location at an exceptional value. Rarely does a turnkey business with this location, setup, and potential become available at this price. Don't miss this opportunity! (id:66096)

Property Details

MLS®
X13580668
Property Type
Business
Business Type
Food Services and Beverage
Zoning
Commercial
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
111 days ago

Features

Appliances
Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
111d
Ottawa listings, avg age
62d
List price
$249K

Long Listed: 111 days on market, against an average age of 62 days across the listings currently for sale in this city

Haho

This business in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RIGHT AT HOME REALTY · Bimal Vyas

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2G)

This home lists at $249,000, about 2.2× the local median household income of $114,000.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$114,000
Population
50,692
Median age
40
Owner / renter
72% / 28%
Avg. household size
2.8

Source: Statistics Canada, 2021 Census (FSA K2G)

$249,000
For sale

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Financing

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$249,000

Ottawa

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