A - 174 Rideau S Street
Lower Town - Sandy Hill, ON
- Sale Of Business
- 282 days on market
Opportunity knocked! For this price, you can OWN a fully equipped and well run trendy BUBBLE tea shop PLUS the opportunity to operate another business on the same location on this most busy Rideau Street location, opposite the coming new MCDONALD RESTAURANT. BUBBLE tea shop was formerly set up by Presotea Franchise and now operated under the name Lazy Panda with any franchise. Currently the front part is bubble tea and there is a small Chinese food kitchen in the middle of the store serving simple fast food and steaming Cantonese dim sum. The Seller mentions that the store is approximate 3000 square feet and IT IS THE BUYER RESPONSIBILITY TO VERIFY THE SQUARE FOOTAGE OF THE LEASED PREMISES AND THE SELLER DOES NOT WARRANT THE ACCURACY OF THE SQUARE FOOTAGE OF THE LEASED PREMISES.The rest of the store are equipped with tables, chair and tastefully decorated. The store runs from Rideau Street to Besserer Street and there is also store entrance door from Besserer Street (137 Besserer Street). There is full basement under the store with both access staircase from the front and the back of the store for storage and also a rest room for the employer. DON'T MISS THIS GREAT OPPORTUNITY TO SET UP YOUR NEW BUSINESS VENTURE AND NEGOTIATE A NEW LEASE WITH THE LANDLORD. PRICE DOES NOT INCLUDE ANY STOCK-IN-TRADE
Listing Details
- Listed
- November 26, 2025
Price History
Parking
- Garage
- None
Location & Legal
- Cross Street
- Dalhousie Street
- Zoning
- MD S58
- Possession
- 30-59 days
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
Included
- Inclusions
- All bubble tea shop furniture, fixtures and equipments
- Exclusions
- the equipment of the small Chinese food kitchen is not included. The seller will consider to leave the said equipment to the Buyer.
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.
Local market
Commercial in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $474,000
- Homes sold
- 220
- Median days on market
- 34
- Sale-to-list price
- 96.7%
Based on 220 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
RIGHT AT HOME REALTY
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Location
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