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$2,899,900
Available - For Sale
Listing ID: X14107524
59 Champagne Avenue South , Dows Lake - Civic Hospital and Area, K1S 4P1, Ottawa


A beloved Ottawa landmark. An exceptional opportunity to own a piece of the city's history.For generations, Di Rienzo's Grocery & Deli has been a cherished neighbourhood staple, known for its authentic Italian sandwiches, specialty groceries, and loyal customer following. More than just a business, Di Rienzo's has become part of Ottawa's culinary identity, attracting generations of customers who return for the quality, tradition, and familiar experience.Now, a rare opportunity presents itself to acquire both this established business and the real estate it calls home.Situated on a prominent corner lot in the heart of Little Italy, just steps from Preston Street, the property occupies approximately 4,499 sq. ft. of land with approximately 45.7 feet of frontage and 98.5 feet of depth. The property is currently improved with a mixed-use building featuring commercial space and residential accommodations, offering an attractive combination of business ownership and real estate investment.The sale presents a unique opportunity for an entrepreneur, investor, or established operator to carry forward the legacy of one of Ottawa's most recognizable independent food establishments while securing ownership of the underlying property.
Price $2,899,900
Taxes: $11371.00
Tax Type: Annual
Occupancy: Owner
Address: 59 Champagne Avenue South , Dows Lake - Civic Hospital and Area, K1S 4P1, Ottawa
Postal Code: K1S 4P1
Province/State: Ottawa
Directions/Cross Streets: Champagne Avenue and Beech Street.
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
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Category: Multi-Use
Building Percentage: T
Total Area: 2800.00
Total Area Code:  Square Feet
Office/Appartment Area: 2000
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Business/Building Name: Di Rienzo's Grocery
Franchise: F
Days Open: O
Hours Open: 7-10.5
Employees #: 10
Seats: 0
Sprinklers: Yes
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
Water: Water Sys
Water Supply Types: Water System
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY
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At a Glance:
Type: Com - Commercial Retail
Area: Ottawa
Municipality: Dows Lake - Civic Hospital and Area
Neighbourhood: 4502 - West Centre Town
Style:
Lot Size: x 99.00(Feet)
Approximate Age: 51-99
Tax: $11,371
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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