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28 COLBORNE Street

28 COLBORNE Street

Rideau Lakes, ON

10,560 sqft • Sale Of Business • 451 days on market

$699,000

Grocery store with 10,500 sq ft and exposure on three roads. This store is located in the popular tourist destination of Portland Village, on shores of Big Rideau Lake with attractions such as swimming beaches, boat launches, houseboat rentals, Conservation Area and restaurants. The store has high visibility and signage on busy Hwy 15 that is major traffic route. Inside is 4,500sf grocery section plus deli, bakery, offices, loading dock and basement storage areas. Store also has half an acre, to grow your own produce. Fully equipped with all that you need to operate a one-stop shop, with large prep areas and lotto sales. All equipment included. Opportunity to improve profits with modernizing and increasing sales of local crafts, specialties and gourmet items. Electrical panels 1000 amps. Plenty of street parking available. Zoning is Local Commercial which allows for many uses. A gem with immense business potential, especially since nearest grocery store competitor is 15 min drive away.

Listing Details

Taxes (2024)
$9,250
Listed
May 28, 2025

Price History

Listing history

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Property

Lot Size
113.64 x 209.2 Feet

Location & Legal

Cross Street
Hwy 15
Zoning
Local Commercial
Parcel Number
441240180
Possession
Flexible

Commercial

Business Type
Grocery/Supermarket
Occupancy
Owner
Office / Apartment Area
3800 Sq Ft

Included

Inclusions
List of Inclusions Attached to MLS. Turnkey with Shelving and Equipment included
Exclusions
One Domestic Fridge; One meat Slicer

Community

Postal area K0G

Population
39,862
Private dwellings
19,411
Median age
50.4
Average household size
2.4
Median household income
$94,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Rideau Lakes · last 12 months

Median sold price
$499,900
Homes sold
220
Median days on market
41
Sale-to-list price
94.7%

Based on 220 recorded sales of commercial properties in Rideau Lakes over the last 12 months.

Listed by

COLDWELL BANKER FIRST OTTAWA REALTY

Location

Commercial figures

Building area
10,560 sq ft
Price per sq ft
$66.19
Annual property tax
$9,250
Tax per sq ft
$0.88

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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