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Business For Sale · Retail

458 RIDEAU STREET, Ottawa

458 RIDEAU STREET, Ottawa, ON K1N5Z4

$199,900 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

92%

About this property

Prime Downtown Ottawa Turnkey Restaurant Opportunity (Rideau St.)Secure a high-foot-traffic, 1,200 sq. ft. location in the heart of downtown Ottawa on Rideau Street, offering a fully-equipped pizza production facility through an asset and lease sale (brand name and real estate not included). This space features a comprehensive inventory of premium equipment-including XLT ovens, Norbec walk-in coolers, and custom stainless steel prep stations-all supported by a fire suppression system fully updated in January 2026 to meet City of Ottawa guidelines. At a competitive monthly rent of $4,500 (including base rent and TMI), this is an ideal "plug-and-play" setup for an operator looking to launch their own brand in a high-density delivery and walk-in zone. DO NOT APPROACH EMPLOYEES WITH ANY QUERIES. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$11K

Annual cash flow

$407

Cash-on-cash

0.68%

DSCR

1.04

Going-in cap

5.75%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

54,332

Households

25,065

Median income

$79,500

Median age

43

Daytime population

67,146

5-yr growth

8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 458 RIDEAU STREET, Ottawa.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.