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499 Sussex Drive

499 Sussex Drive

Ottawa Centre, ON

4,841 sqft • Commercial Retail • 284 days on market

$32/moFor LeasePrice reduced 2%

The unit consists of two floors plus a basement: Ground floor 1,493 SF GLA Second floor 1,584 SF GLA Basement 1,764 SF GLA Additional Rent: $12.62 PSF (2025) Base Rent and Additional Rent are calculated based on ground floor and second floor areas. Located on one of the most visible corners of the Byward Marketalong Sussex Drive, this iconic location in one of Ottawa's oldest commercial buildings offers a rare opportunity. A hugely successful restaurant for over 17 years has closed because the owner has taken on new projects in different facets of the industry. This space is plug and play. The chattels are available as well if someone wants to take them over. The ground floor features a welcoming bar, an abundance of natural light and great sight lines of some of the most historic buildings in Ottawa. The second floor boasts even better vantagepoints and natural light. This is where you will find the kitchen. Combined, the two floors can accommodate over 200 guests In the basement you will find a fully operational prep kitchen, including walk in fridge/freezer, storage, a wine cellar, staff locker room and washrooms, and offices. All 3 floors are connected by an interior staircase and a dumbwaiter. From the basement you have direct access to the parking garage where there are 2 parking spaces available for your use. This space would be equally impressive as retail or office, which are both uses that the landlord is happy to consider. Within a short walk from the Rideau Centre, Parliament Hill, many hotels, offices and residences. 499 Sussex is one block away from the new Live Nation event centre which opens in early 2026 and will host upwards of 2,500 people for at least 200 nights a year.

Listing Details

Taxes (2025) — owner
$13
Originally Listed
$33
Listed
November 17, 2025

Price History

Location & Legal

Cross Street
Sussex Dr and York St
Zoning
MD-Mixed-used downtown, Subzone 2
Possession
Immediate

Commercial

Occupancy
Tenant
Rental Term
60-240 months

Community

Postal area K1N

Population
26,639
Private dwellings
17,122
Median age
34
Average household size
1.8
Median household income
$64,000

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.

Listed by

CBRE LIMITED

Location

R

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