331-333 Rideau St
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331-333 Rideau St
3,393 SF 100% Leased Retail Building Ottawa, ON K1N 5Y6 $2,224,706 USD ($656 USD/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
$2,224,706 USD
Price Per SF
$656 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
14’
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 Line
- Pylon Sign
- Signage
- Air Conditioning
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
1 of 14
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331-333 Rideau St
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