$249,000

Unit G - 1541 Merivale Road

City View/Skyline/Fisher Heights/Parkwood Hills, Ottawa, ON K2G5W1 · MLS® X13580668

About this property

PRICED TO SELL !!! Incredible opportunity to own a well-established ethnic grocery store with a FULLY equipped commercial KITCHEN, dine-in seating, and online ordering platform in one of Ottawa's busiest retail corridors. This turnkey business is now aggressively priced for a quick sale. Located on highly sought-after Merivale Road at the prominent corner of Merivale Road & Capilano Drive, this prime location offers exceptional visibility, constant traffic exposure, easy access from all parts of Ottawa, ample on-site parking, and nearby public transit. The spacious layout features a grocery retail area, fully equipped commercial kitchen, generous storage, and ample seating, providing multiple revenue opportunities including grocery sales, takeout, catering, meal preparation, and dine-in service. A professionally developed website supports online ordering for both groceries and freshly prepared meals. Continue operating the successful existing Indian grocery business with its established customer base, or easily transform the space into another ethnic grocery store, specialty food market, café, bakery, restaurant, or other food concept with minimal modifications. This is an outstanding opportunity for owner-operators, families, entrepreneurs, or investors looking to acquire a flexible, fully operational business in a high-demand commercial location at an exceptional value. Rarely does a turnkey business with this location, setup, and potential become available at this price. Don't miss this opportunity! (id:65933)

Type
Business
Category
Business
Updated
Jul 18, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.

Listed by Right At Home Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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