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400 Rideau Street

400 Rideau Street

Lower Town - Sandy Hill, ON

  • 1,300 sqft
  • Sale Of Business
  • 121 days on market
$389,000

Turnkey Fat Bastard Burrito Franchise For Sale - One Of The Top Mexican Food Franchises For Sale In Ottawa Downtown. This Well-Established Store Is Situated In Prestigious Location - Steps from University of Ottawa (40,000+ students) And Proximity To Government Offices, Rideau LRT Station, Rideau Centre (Ottawa's largest mall). Surrounded By High Rise Building, Residential Neighbourhoods, Offices, And Retail, Ensuring Great Visibility And High Foot Traffic. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location Key Highlights: Prime Location: A Popular Spot For Mexican Cuisine. Strong Financial Performance: Weekly Sales: Approx. $11,000 To $12,000 (And Growing)Rent: Approx. $7204/Month (TMI Included)Lease: Current Lease Long Term Till 2034Royalty Fee: 8%Advertising Fee: 2%Store Area: Approx. 1300 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity!

Listing Details

Listed
May 1, 2026

Price History

Parking

Garage
Plaza

Location & Legal

Cross Street
King Edward Ave & Rideau St
Zoning
Commercial
Parcel Number
042110016
Possession
Immediate
Occupancy
Tenant

Commercial

Business Type
Restaurant

Included

Rental Items
Dishwasher is rental

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
224
Median days on market
34
Sale-to-list price
96.7%

Based on 224 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.

Listed by

HOMELIFE/MIRACLE REALTY LTD

Walk Score

99

Walk

85

Transit

98

Bike

Scores by Walk Score®

Location

Street View

Commercial figures

Building area
1,300 sq ft
Price per sq ft
$299.23

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

R

Reita | Assistant

Online

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