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382 Rideau Street Home For Sale Ottawa, Ontario K1N 5Y8

X9516002

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$299,000

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:34792)

Business

Business Type Food Services and Beverage
Business Sub Type Grocery
Name Mergi Shop

Property Details

MLS® Number X9516002
Property Type Business
Neigbourhood Sandy Hill
Community Name 4003 - Sandy Hill

Building

Land

Acreage No
Size Irregular Unit=0.01
Size Total Text Unit=0.01
Zoning Description Tm6[158] F(3.5)h(19)

https://www.realtor.ca/real-estate/27134865/382-rideau-street-ottawa-4003-sandy-hill

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