$29,900

777 Somerset Street W

West Centre Town, Ottawa, ON K1R6R3 · MLS® X13814172

  • 1Bathrooms
  • 2Parking

About this property

LOCATION! LOCATION! LOCATION! Rare opportunity to own a grocery business in one of Ottawa's most recognized commercial corridors. Situated in the heart of Chinatown at 777 Somerset Street West, this established grocery store enjoys exceptional exposure, steady customer traffic, and strong community presence. The business offers significant growth potential through expanded product offerings, online ordering, delivery services, and extended operating hours.Turnkey operation with established supplier relationships and a recognizable local presence. Ideal for owner-operators, family-run businesses, or investors seeking an affordable entry into Ottawa's retail food market. Training can be provided to ensure a smooth transition. Business and inventory for sale. (id:65933)

Type
Business
Category
Business
Annual taxes
$44,250
Updated
Nov 3, 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.

Listed by Coldwell Banker First Ottawa 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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