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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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision 4003 - Sandy Hill

MLS® Listing ID X9516002

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.\r\n\r\nThe 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.\r\n\r\nIn 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

Parking Features No

View Y/N No

Private Pool No

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Listed by COLDWELL BANKER SARAZEN REALTY
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+1(250) 469-1727

kevin.morrison@engelvoelkers.com

1429 Ellis Street, Unite States

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382 RIDEAU STREET