About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12939338
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	0 sq ft
Beds / Baths	0 bed · 1 bath
Neighbourhood	4003 - Sandy Hill
City	Lower Town - Sandy Hill
Postal Code	K1N 5Y8
Province	ON
Listed Date	March 31, 2026
Days on Market	128
Brokerage	KELLER WILLIAMS ICON REALTY