K1R Retail Spaces for Sale

K1R Retail Space for Sale

673-675 Somerset St W

Ottawa, ON K1R 6P3

Retail for Sale
$2,150,000 CAD
6,562 SF

Security System
Restaurant

Ottawa Retail for Sale - Tunney's Pasture

LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential.

Contact:

Royal Lepage Integrity Realty

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-04-16

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43-45 Eccles St

Ottawa, ON K1R 6S3

Office for Sale
$2,690,000 CAD
11,755 SF

Air Conditioning
Security System

Ottawa Office for Sale - Tunney's Pasture

Tremendous value in this architecturally stunning, all-brick asset in the heart of one of Ottawa's most dynamic central neighborhood nodes. 43-45 Eccles is a meticulously maintained, fully renovated 2-storey heritage-style building plus finished lower level, featuring soaring ceilings, oversized windows on all sides, secure FOB access, and 11 on-site parking spaces. A rare bonus: a separate stand-alone retail building with its own entrance that is also connected to the main building-ideal for a range of uses and/or a distinct tenant profile. The main floor is completely renovated in a modern, "tech-style" layout with glass partitions, meeting rooms/boardroom capability, kitchen/lunch area, washrooms, and a striking mezzanine element with additional office space. The second level offers an inspiring open concept with high ceilings, huge windows, additional meeting space, washrooms, and kitchenette-perfect for office, studio/creative, wellness, or even congregation-style users. The stand-alone retail component is versatile, bright, and open with high ceilings, 3 offices, kitchenette, and two fully renovated washrooms. Flexible acquisition strategy: 1. Vacant possession available for an owner-occupier, or 2. Fully leased scenario would deliver an NOI of $220,550 equating to an approx. 8.22% cap rate at $2.69M (buyer to verify). Central location between major urban districts with quick access to downtown, transit/LRT, and key commuter routes. A true trophy building with real usability-owner-occupy part (or all) and offset carrying costs, or hold as a stabilized, character-rich investment.? Over 12,000 SQUARE FEET 11 PARKING

Contact:

The Reps Brokerage

Date on Market:

2026-01-08

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569 Gladstone Ave

Ottawa, ON K1R 5P2

Retail for Sale
$1,175,000 CAD
6,195 SF

Ottawa Retail for Sale - Centretown-Byward

Investors, take note! This great income property features two apartments and one commercial unit. The commercial unit is a restaurant, rented for $3,000 per month. Apartment two is rented for $1,750, and apartment three is rented for $1,450 per month. Gross income is $73,800, and the net operating income is $62,500. Please see it today!

Contact:

Power Marketing Real Estate

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-12-12

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839 Somerset St W

Ottawa, ON K1R 6R6

Retail for Sale
$2,100,000 CAD
5,447 SF

Security System
Restaurant

Ottawa Retail for Sale - Tunney's Pasture

Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses. The adjacent unit is currently vacant and presents an exceptional opportunity potentially renting for up to $6,900/month. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 5 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don't miss your chance to own a versatile, income-generating property in one of the city's most dynamic neighbourhoods. (41253830)

Contact:

Team Makan Real Estate

Date on Market:

2025-11-12

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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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Retail Spaces for Sale in K1R

View All Available Listings

How many retail spaces are available for sale in K1R?

There are currently 4 retail spaces available for sale in K1R, offering a unique opportunity for businesses to establish a presence.

How big are the retail spaces available for sale in K1R?

The average size of retail spaces available for sale in Ottawa is about 10,934 SF. The largest retail spaces available to buy is 12,893 SF and the smallest is 6,195 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 K1R?

The average market cap rate for retail spaces for sale is about 6.77% based on data provided in K1R. Learn more about how cap rates are calculated.

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