Salehian.com 647-325-5000

382 Rideau Street

4003 - Sandy Hill, Lower Town - Sandy Hill, K1N 5Y8

$99,860

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  • 1 bathrooms

Listed 22 days ago · MLS® X13834566

About this home

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.

Details

Type
Commercial Retail
Lot
132 × 99 ft
Garage
Outside/Surface
Neighbourhood
4003 - Sandy Hill
Municipality
Lower Town - Sandy Hill

Interior

Bathrooms
1 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
2,000 Square Feet

More

Possession
Flexible
Cross street
Close to Rideau Street & Friel Street intersection

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Rideau LRT12 min walk
  • 🚇 uOttawa LRT16 min walk

Within a 10-minute walk: 4 grocery stores, 153 cafés and restaurants, 14 parks, 11 pharmacies. Nearest grocery: Loblaws (100 m). Nearest park: Cindy Mitchell Park (400 m).

Schools nearby

Elementary

  • York Street Public School
    EQAO: Gr 6 reading 65%, math 20%    4 min walk
  • École élémentaire catholique Sainte-Anne Catholic · French
    EQAO: Gr 6 reading 100%, math 81%    5 min walk
  • École Notre-Dame du Mont Carmel French · Private8 min walk
  • École élémentaire publique Francojeunesse French
    EQAO: Gr 6 reading 96%, math 80%    10 min walk

Secondary

  • École secondaire publique De la Salle French9 min walk
  • MacDonald-Cartier Academy Private17 min walk
  • Lisgar Collegiate Institute
    EQAO: Gr 9 math 73%, literacy test 91%    17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1N

Owners / renters
24% / 76%
Median household income
$64,000
Average age
40
Children under 15
9%
Homes
4% detached, 49% high-rise
Commute by transit
23%
Population
26,639

Languages spoken most at home besides English: Mandarin 1.5%, Arabic 1.3%, Spanish 0.9%, Somali 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by COLDWELL BANKER FIRST OTTAWA REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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