513 SUSSEX Drive
Lower Town - Sandy Hill, ON
Sale Of Business • 178 days on market
Exceptional opportunity to acquire a fully equipped and efficiently operated bubble tea establishment located at 513 Sussex Drive, in the heart of Ottawa's iconic ByWard Market. Positioned along one of the city's most prestigious and vibrant corridors, this location offers unparalleled visibility, constant foot traffic, and immediate access to a diverse customer base.Situated at a premier intersection, the shop currently operates under a franchise model but provides the flexibility to transition to an independent brand if desired. The premises offer approximately 913.60 sq ft of ground floor retail space, and125.83 sq ft of basement storage, thoughtfully furnished with tables, chairs, and contemporary décor. The layout allows for versatility, including the potential to introduce additional menu offerings, subject to landlord approval.The ByWard Market is one of Ottawa's busiest commercial and tourism destinations, drawing visitors year-round for its restaurants, shops, nightlife, and cultural attractions. The business benefits from proximity to landmarks such as the National Gallery of Canada, Major's Hill Park, the Château Laurier, Parliament Hill, and surrounding office buildings, all of which contribute to a steady stream of tourists, residents, and professionals.This is a prime opportunity for an entrepreneur seeking strong market exposure in a highly desirable commercial hub. A new lease may be negotiated with the landlord. Price excludes inventory.
Listing Details
- Listed
- March 2, 2026
Price History
Listing history
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Location & Legal
- Cross Street
- Dalhousie Street
- Zoning
- MD S58
- Possession
- 30-59 days
Commercial
- Business Type
- Restaurant
- Occupancy
- Owner
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
- 226
- Median days on market
- 34
- Sale-to-list price
- 96.7%
Based on 226 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
COLDWELL BANKER FIRST OTTAWA REALTY
Location
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