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2821 Riverside Drive

2821 Riverside Drive

Billings Bridge - Riverside Park and Area, ON

7,390 sqft • Land • 358 days on market

$3,700,000Price reduced 12%

This well-maintained 7,390 sq. ft. freestanding commercial building is strategically positioned along one of Ottawa's busy arterial corridors. Set on a 22,906 sq. ft. lot in the established Riverside Park neighbourhood, the property benefits from GM1 F(1.0) General Mixed Use zoning, allowing a wide variety of retail, office, and mixed-use development possibilities. Built in 1977 and updated over the years, the single-story building features a flexible open layout with reception, boardroom, meeting spaces, training room, kitchen, and storage, complemented by 14 onsite parking spaces. Located across from Mooneys Bay and surrounded by dense residential communities, national retailers, institutional facilities, and new mixed-use developments, the site offers excellent visibility, strong area demographics, and significant future redevelopment potential. Just minutes to downtown, the Ottawa International Airport, and major transit routes, this is an exceptional investment or owner-occupier opportunity in a high-demand commercial district.

Listing Details

Taxes (2025)
$48,760
Originally Listed
$4,200,000
Listed
August 29, 2025

Price History

Listing history

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Property

Lot Size
14 x 216.24 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Riverside & Hog's Back
Zoning
GM1F(1.0)
Parcel Number
040710114
Possession
Flexible

Commercial

Occupancy
Owner+Tenant

Community

Postal area K1V

Population
57,157
Private dwellings
23,359
Median age
38
Average household size
2.6
Median household income
$93,000

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 Billings Bridge - Riverside Park and Area · last 12 months

Median sold price
$652,500
Homes sold
114
Median days on market
21
Sale-to-list price
98.6%

Based on 114 recorded sales of commercial properties in Billings Bridge - Riverside Park and Area over the last 12 months.

Listed by

CLV REALTY CORPORATION

Walk Score

68

Walk

60

Transit

90

Bike

Scores by Walk Score®

Location

R

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