Downtown Retail Spaces for Sale

Downtown Retail Space for Sale

Banks Drug Stores Retail Buildings Grocery and Convenience Stores Gas Stations Auto Shops Storefront Properties Mixed Use Properties

56 Byward Market Sq

Ottawa, ON K1N 7A2

Retail for Sale
$1,999,000 CAD
4,295 SF

Ottawa Retail for Sale - Centretown-Byward

Exceptional opportunity to own a landmark 3-storey building in the heart of Ottawas iconic ByWard Market. This versatile space offers tremendous potential for investors or hospitality operators. Located in a high-foot-traffic, high-visibility area surrounded by retail, dining, and nightlife. Flexible interior layout, heritage charm, and prime location make this a rare offering in one of Ottawas most vibrant commercial districts.

Contact:

U Realty Group Inc

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-09-30

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431 Bank St

Ottawa, ON K2P 1Y7

Retail for Sale
$849,000 CAD
1,700 SF

Air Conditioning
Wheelchair Accessible

Ottawa Retail for Sale - Centretown-Byward

1700 sq. ft. of standalone retail space in one of Ottawas busiest urban corridors. Featuring full-height, street-facing windows and prominent main-street signage exposure, this property is tailor-made for owner-operators seeking visibility and long-term value. Zoned TM[19] and delivered vacant, it offers flexible use potential ideal for boutique retail, wellness, or food services. A rare opportunity to own on Bank Streets high-demand strip, just steps from established shops, restaurants, and growing residential density.

Contact:

DRM Real Estate & Developments; Brokered By RE/MAX

Property Subtype:

Storefront

Date on Market:

2025-07-24

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391 Bank St

Ottawa, ON K2P 1Y3

Retail for Sale
$2,200,000 CAD
6,147 SF

Security System
Controlled Access

Ottawa Retail for Sale - Centretown-Byward

Located in the heart of Ottawa Centretown, directly across from the new James House condo development, a 2-minute drive to HWY 417 / the Glebe and surrounded by dense residential and commercial retail. This vacant building offers a ground-level 2,000 sqft retail unit with a separate entrance to the second floor, which includes two individual units, and an additional unit in the basement with a separate entrance. Each floor is approximately 2,000 sqft. The property includes six tandem rear parking spaces. HVAC systems were replaced, along with new grade-level windows and front doors, in 2016. This property presents an excellent opportunity for owner-users, while also offering the ability to generate additional rental income. Sale Price: $2,200,000 Ground Floor Ceiling Height: 10' Second Floor Ceiling Height: 9' Basement Ceiling Height: 8' Building SF: 6,147 SF Lot Size: 3,735 SF Parking Spots: 6 Tandem Electrcial: 100A@600V and 200A@240V HVAC: Separate HVAC's per Floor (2016) Roof: Flat (2025) Zoning: TM H(19)

Contact:

Cantor Realty Corp.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-07-16

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330 Kent St

Ottawa, ON K2P 2H3

Retail for Sale
$2,850,000 CAD
15,000 SF

Security System

Ottawa Retail for Sale - Centretown-Byward

Situated in Centretown, this building boasts three levels of improved space. Each level is self-contained with large open areas, kitchens and two sets of washrooms. The building is equipped with an elevator that services each floor. With the current zoning, this building is well suited for a variety of users including group homes, diplomatic missions, rooming houses and more.

Contact:

Avison Young

Date on Market:

2024-12-09

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More details for 298-308 Dalhousie St, Ottawa, ON - Retail for Sale

122 Clarence - 298-308 Dalhousie St

Ottawa, ON K1N 7E7

Retail for Sale
$4,795,000 CAD
12,995 SF

Security System
24 Hour Access
Restaurant

Ottawa Retail for Sale - Centretown-Byward

CDNGLOBAL is pleased to present the opportunity to acquire 122 Clarence Street, Ottawa, Ontario. This building is conveniently located at the southwest corner of Clarence and Dalhousie between York and Clarence Streets. The property is a multi-tenant retail, office building located in the well-known ByWard Market area of Ottawa. The building has many advantages being close to retailers, ample restaurants, office buildings. The property has excellent visibility with pedestrian and vehicular traffic and is within walking distance to Parliament Hill, Chateau Laurier, Rideau Centre and the Rideau Canal.

Contact:

CDNGLOBAL

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-11-08

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101 Queen Street & 108-116 Sparks Street

Mixed Types for Sale
3 Properties | Mixed Types

Ottawa Portfolio of properties for Sale - CBD

TD Cornerstone Commercial Realty Inc. and Cushman & Wakefield Ottawa (collectively, the “Advisors”), have been retained on an exclusive basis by KSV Restructuring Inc. in its capacity as receiver and manager (the "Receiver") of the property, assets and undertaking of Ashcroft Urban Developments Inc. including its interest in the real property known municipally as 101 Queen Street and 108-116 Sparks Street, Ottawa, Ontario (the "Property" or "Offering"). The Offering is located within a recently completed, modern mixed-use development steps away from Parliament Hill in downtown Ottawa and offers investors the opportunity to acquire and operate an established extended stay hotel property or reposition as a luxury rental apartment building.

Contact:

Cushman & Wakefield Ottawa

Property Subtype:

Mixed Types

Date on Market:

2025-04-09

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199-217 Dalhousie St Portfolio

Retail for Sale
$6,800,000 CAD
15,128 SF
2 Retail Properties

Ottawa Portfolio of properties for Sale - Centretown-Byward

This rare investment opportunity features two fully-leased properties (1 mixed-use and 1 commercial) and a vacant parking lot spanning approximately 201 by 101 feet in the heart of downtown Ottawa. Strategically positioned between St. Andrew Street and Guigues Avenue, along the well-trafficked Dalhousie corridor, the portfolio includes 10 commercial units(7 Tenants) and 6 residential apartments, all fully occupied.Generating a strong gross income of over $449,000 annually, the offering presents stable cash flow with upside potential through future rent escalations or site intensification. Zoned TM (Traditional Mainstreet), the properties benefit from flexible zoning that supports a wide range of commercial and residential uses, making this a rare and versatile holding in one of Ottawas most dynamic urban neighbourhoods.Opportunities to acquire this scale and street presence in the ByWard Market area are exceptionally limited, particularly with assembled frontage and secure income in place

Contact:

Royal LePage Team Realty

Date on Market:

2025-11-21

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450 Rideau St

Ottawa, ON K1N 5Z4

Office/Retail for Sale
$599,900 CAD
5,390 SF
1 Unit Available

Ottawa Office for Sale - Centretown-Byward

Discover an exceptional opportunity in the heart of Sandy Hill! This expansive 5,390 sq. ft. lower-level commercial condo offers versatile space perfect for a variety of businesses. Featuring four fully built studios, male and female washrooms, ample storage, and private ground-level access with an elevator, this unit is designed for convenience and functionality. Zoned Traditional Mainstreet, the space is ideal for a church, yoga, dance studio, martial arts facility or other creative business ventures. Located within walking distance of the ByWard Market & Rideau Centre, this property benefits from high foot traffic, excellent visibility and easy access to public transit, with bus routes right on Rideau Street. Included with the unit are nine dedicated surface parking spaces, adding convenience for staff and visitors. Don't miss this rare chance to secure a prime commercial condo in one of downtown Ottawa's most vibrant neighborhoods!

Contact:

Royal LePage Team Realty

Date on Market:

2025-08-18

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Prime Investment

Mixed Types for Sale
$1,925,000 CAD
3 Properties | Mixed Types

Ottawa Portfolio of properties for Sale - Centretown-Byward

An exceptional opportunity to own a rare package of three properties that are sold together in one of Ottawa's most vibrant and high traffic neighbourhoods. 622 Somerset is a residential 4 plex, 628 is an ongoing retail business and 634 Somerset is an ongoing restaurant. Phase 2 environment in file, and a copy upon receiving an offer. Zoning is TM (Traditional Mainstreet) offering flexible mixed use potential. Total lot size is 11,440 SF. Prime site for future intensification. High pedestrian and vehicle traffic. Located in the heart of Chinatown, minutes to downtown and transit. Properties are sold as is. Whether you want to invest in passive income, run a business or redevelop down the road, this is your chance to secure a large urban footprint in a merging and diverse area.

Contact:

First Estate Realty Ltd

Property Subtype:

Mixed Types

Date on Market:

2025-07-18

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51-53 William St

Ottawa, ON K1N 9B7

Retail for Sale
$2,650,000 CAD
5,401 SF

Ottawa Retail for Sale - Centretown-Byward

We are pleased to present this 5401 square foot fully occupied retail building located in a prime commercial area. The property is well-maintained and offers a turnkey investment opportunity with stable, long-term tenants. The building features ample parking, providing convenience for both tenants and customers. With its strategic location and strong tenant occupancy, this property offers excellent potential for continued rental income.

Contact:

Brentcom Realty Corporation

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-05-13

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305 Cumberland St

Ottawa, ON K1N 5N1

Retail for Sale
$1,725,000 CAD
3,936 SF

Security System

Ottawa Retail for Sale - Centretown-Byward

This prime development opportunity is located just behind the Byward Market in Lowertown, Ottawa, surrounded by several hotels, retail stores, restaurants, and within close proximity to King Edward Ave. The parcel, measuring 8,276 square feet, is ideally situated for growth with current zoning that allows for the construction of a 6-story apartment building, with no variances needed. The lot currently hosts a two-floor, 3,936 square foot retail property, providing potential for redevelopment. Additionally, the location offers easy access to the Macdonald Cartier Bridge and Gatineau, Quebec, making it a highly desirable site for residential development in a bustling, central area.

Contact:

CDNGLOBAL

Property Subtype:

Auto Repair

Date on Market:

2025-03-05

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1240 Bank St

Ottawa, ON K1S 3Y3

Retail for Sale
$1,595,000 CAD
3,900 SF

Security System

Ottawa Retail for Sale - Centretown-Byward

Classic red brick storefront in a busy, vibrant section of Bank Street in Old Ottawa South. Close to 4000 sq' over 2 above grade floors, plus a full height basement also used for retail display. Approximately 9" ceiling height on main floor and 2nd floors, and 8" in basement. The entire space is owner occupied.This is a well established downtown community just south of The Glebe and Lansdowne Park and just north of Billings Bridge, very close to the Transitway. While the streetscape is well established, it is also poised for major redevelopment, with several adjacent large land parcels showing exceptional potential. This property is ideal with it's current use, but could be redeveloped on its' own. The new draft Zoning Bylaw indicates 9 storeys will be permitted, depending on lot depth. There is a laneway off the side street (Chesley) for access to the back of the property for loading and parking. The laneway is fully fenced and enclosed in the back of the property and is currently used exclusively for an extra 10' in depth. Clean Environmental Phase 1 and 2 recently done (Pinchin 2023). Large open interior spaces. Has 2 electric services, one of which is 600 volts. Commercially rewired in the past. A number of building modifications and improvements were done when previously owned by Cohen's. 2 Forced Air Furnaces both with Central AC.

Contact:

Remax Hallmark Realty Group

Property Subtype:

Storefront Retail/Office

Date on Market:

2023-12-06

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1235 Bank St

Ottawa, ON K1S 3Y2

Retail for Sale
2,985 SF

Security System

Ottawa Retail for Sale - Centretown-Byward

Vacant corner commercial redevelopment opportunity, formerly home to Hillary Cleaners, located on high-visibility Bank Street at the corner of Cameron Avenue in South Ottawa.

Contact:

Brentcom Realty Corporation

Property Subtype:

Freestanding

Date on Market:

2025-07-30

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Retail Spaces for Sale in Downtown

View All Available Listings

How many retail spaces are available for sale in Downtown?

There are currently 15 retail spaces available for sale in Downtown, offering a unique opportunity for businesses to establish a presence.

How big are the retail spaces available for sale in Downtown?

The average size of retail spaces available for sale in Ottawa is about 29,110 SF. The largest retail spaces available to buy is 318,856 SF and the smallest is 1,700 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for retail spaces in Downtown?

The average market cap rate for retail spaces for sale is about 4.40% based on data provided in Downtown. Learn more about how cap rates are calculated.

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