$100,000
FOR SALE

Business for Sale

Grocery/Supermarket

Lot: 132 x 99 ft

382 Rideau St
Lower Town - Sandy Hill, ON K1N 5Y8 | 4003 - Sandy Hill | Ottawa

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.
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Listed By KELLER WILLIAMS ICON REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12939338
Last Updated Mar 31, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Grocery/Supermarket
Franchise Non-Franchise
PIN 042110013
Possession Date FLEX
Directions/Cross Streets Friel St
Neighbourhood 4003 - Sandy Hill
Area Ottawa
Price History

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Detailed Information
Bathrooms 1
Lot 132 x 99 ft
Air Conditioning Yes
Chattels Y
Garage Type None
Heat Type Gas Forced Air Closed
Financial Statement Y

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