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331-333 Rideau St

3,393 SF 100% Leased Retail Building Ottawa, ON K1N 5Y6 £1,725,015 (£508/SF)

Investment Highlights

  • Owner-occupier potential
  • A clean, square 101 ft. x 89 ft. sit e– a prime candidate site for redevelopment.
  • Shadow anchored by both Loblaws and Shoppers Drug M art

Executive Summary

Downtown urban retail with parking on high traffic, high exposure Rideau Street! Shadow-anchored by Loblaws and Shoppers Drug Mart on prominent corner at Rideau St and Nelson St, this property is extremely well-suited to retailers and is available as either an investment or owner-occupier opportunity. The building consists of 3,375 sq. ft. of leasable area and is currently occupied by two tenants, Circle K and First Choice Haircutters, and boasts a comfortable 10 parking spaces. Rectangular 101 ft x 89 ft lot creates future opportunity to redevelop. Walk score 99. Bike score 99. Just 700 metres from the Rideau LRT Station. Catering to residents of Sandy Hill, Lowertown, and thousands of condo / apartment units along Rideau Street.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,393 SF
Year Built
1950
Price
£1,725,015
Price Per SF
£508
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Slab to Slab
14 ft
Building FAR
0.37
Land Acres
0.21 AC
Zoning
TM6 F(3.5) H(19) - Traditional Mainstreet 3.5 Floor Space Ratio 19 metre height allowance
Parking
10 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
98 ft on Rideau St

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
  • Air Conditioning
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Loblaw
Tim Hortons
Dunn's
Second Cup
Starbucks
Cora
RBC Royal Bank
Sugar Marmalade
Anytime Fitness
Thai Express
  • Listing ID: 32038108

  • Date on Market: 06/06/2024

  • Last Updated:

  • Address: 331-333 Rideau St, Ottawa, ON K1N 5Y6

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