458 Rideau Street

Lower Town - Sandy Hill, ON

Sale Of Business
63 days on market

$199,900

Prime Downtown Ottawa Turnkey Restaurant Opportunity (Rideau St.)Secure a high-foot-traffic, 1,200 sq. ft. location in the heart of downtown Ottawa on Rideau Street, offering a fully-equipped pizza production facility through an asset and lease sale (brand name and real estate not included). This space features a comprehensive inventory of premium equipment-including XLT ovens, Norbec walk-in coolers, and custom stainless steel prep stations-all supported by a fire suppression system fully updated in January 2026 to meet City of Ottawa guidelines. At a competitive monthly rent of $4,500 (including base rent and TMI), this is an ideal "plug-and-play" setup for an operator looking to launch their own brand in a high-density delivery and walk-in zone. Financials are available upon request for qualified buyers; for all inquiries and to schedule a viewing, please contact Dinesh Katuru at 343-777-2829. DO NOT APPROACH EMPLOYEES WITH ANY QUERIES.

Listing Details

Taxes (2026): $22,617
Listed: July 7, 2026

Price History

Listing history

Property

Lot Size: 44.71 x 99.22 Feet

Parking

Garage: None

Location & Legal

Cross Street: In the middle of Augusta St. and Chapel St.
Zoning: TM6[158]F(3.0)H(19)
Parcel Number: 042120002
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Restaurant

Included

Inclusions: All the equipment in store
Exclusions: Computers, printers and brand Network equipment. Employees won't be inherited.
Rental Items: None

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

EXP REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Annual property tax: $22,617

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

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?