$2,375
Available - For Rent
Listing ID: X12687250
509 Rideau Street , Lower Town - Sandy Hill, K1N 5Z5, Ottawa
| An exceptional opportunity to lease a newly renovated, three-level commercial space in a highly visible and high-traffic corridor, offering a unique layout ideal for businesses seeking versatility and character. Totaling 1,097 sq. ft., this thoughtfully designed space spans three distinct levels, allowing operators to create multiple service zones, private work areas, or differentiated customer experiences under one roof. The layout is particularly well-suited for barber shops, salons, wellness concepts, boutique service providers, or creative businesses looking to add value by offering different services on each floor. The vertical design provides a strong opportunity to brand each level while maintaining operational flow and privacy where needed. The space includes one washroom, with efficient circulation throughout all levels. The unit has been recently renovated, and finished flooring will be installed by the landlord prior to tenant possession, allowing for a clean, turnkey foundation to customize your business vision. Excellent street presence and accessibility make this an attractive option for both established operators and new concepts looking to stand out. Lease rate: $2,375/month Additional rent (TMI): $9.91/sq. ft. Utilities: Extra. An optional $5,000 landlord allowance is available to assist with leasehold improvements (investment into the property for tenant use only), subject to landlord approval. With this allowance, the rent would be $2,650/month, based on a minimum 2-year lease term, at the landlord's discretion. A rare opportunity to secure a distinctive, multi-level commercial space designed to elevate your brand and support long-term growth in a dynamic urban setting. |
| Price | $2,375 |
| Minimum Rental Term: | 36 |
| Taxes: | $7470.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 509 Rideau Street , Lower Town - Sandy Hill, K1N 5Z5, Ottawa |
| Postal Code: | K1N 5Z5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Rideau St and Cobourg St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 1097.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 1 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4002 - Lower Town |
| Tax: | $7,470 |
| Baths: | 1 |
| Fireplace: | N |
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