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175 Rideau Street

175 Rideau Street

Lower Town - Sandy Hill, ON

  • Sale Of Business
$199,900

BOUSTAN SHAWARMA FRANCHISE FOR SALE IN DOWNTOWN OTTAWA! Take over an operating restaurant at 175 Rideau Street, close to CF Rideau Centre, the ByWard Market, the University of Ottawa and Rideau O-Train Station. This central location places the business within reach of students, downtown residents, office workers, shoppers and tourists. Surrounded by hotels, residential buildings, retail, dining and entertainment, the restaurant is positioned to serve a varied customer base-from a quick lunch between classes or meetings to dinner and takeout after shopping or an evening downtown. Nearby public transit adds convenience for customers and employees. Known for its Lebanese cuisine and shawarma, Boustan brings a recognized franchise identity to this existing restaurant operation. Training will be provided to help the incoming owner learn the business and transition into ownership. An opportunity for a hands-on owner-operator, an entrepreneur entering the restaurant industry or an experienced restaurateur looking to expand into a central Ottawa location.

Listing Details

Listed
October 31, 2026

Price History

Parking

Garage
None

Location & Legal

Cross Street
Rideau Street & Dalhousie Street.
Zoning
Commercial
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Restaurant

Included

Inclusions
Equipment List
Exclusions
Inventory
Rental Items
Dishwasher

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
$470,000
Homes sold
211
Median days on market
35
Sale-to-list price
96.9%

Based on 211 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.

Listed by

COLDWELL BANKER FIRST OTTAWA REALTY

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