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. The 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. In 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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Listing Contract Date
2024-07-05
Property Type
Business
Transaction Type
For sale
Zoning Description
TM6[158] F(3.5)H(19)
Business
Business Type
Food Services and Beverage
Business Subtype
Grocery
Building
Land
Total Size
* ft X 0.01 ft
Size of Irregular Land
* ft X 0.01 ft
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
