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. (id:25961)
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Rooms
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Details
- Transaction: For sale
- Zoning Description: TM
Building
- Appliances: Freezer
- Cooling: Fully air conditioned
- Fireplace Present: False
- Bathrooms (Total): 1
- Heating: Forced air
- Heating Fuel: Natural gas
- Utility Water: Municipal water
Land
- Size Frontage: 132 ft
- Size Irregular: 132 x 99 FT
Listing provided by KELLER WILLIAMS ICON REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 382 RIDEAU STREET in Ottawa Ontario. It was last modified on March 31st, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.