UNIT G - 1541 MERIVALE ROAD, Ottawa

$249,000

For sale: Other

Other at UNIT G - 1541 MERIVALE ROAD, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13580668
Neighbourhood
7201 - City View/Skyline/Fisher Heights/Parkwood Hills

PRICED TO SELL !!! Incredible opportunity to own a well-established ethnic grocery store with a FULLY equipped commercial KITCHEN, dine-in seating, and online ordering platform in one of Ottawa's busiest retail corridors. This turnkey business is now aggressively priced for a quick sale. Located on highly sought-after Merivale Road at the prominent corner of Merivale Road & Capilano Drive, this prime location offers exceptional visibility, constant traffic exposure, easy access from all parts of Ottawa, ample on-site parking, and nearby public transit. The spacious layout features a grocery retail area, fully equipped commercial kitchen, generous storage, and ample seating, providing multiple revenue opportunities including grocery sales, takeout, catering, meal preparation, and dine-in service. A professionally developed website supports online ordering for both groceries and freshly prepared meals. Continue operating the successful existing Indian grocery business with its established customer base, or easily transform the space into another ethnic grocery store, specialty food market, café, bakery, restaurant, or other food concept with minimal modifications. This is an outstanding opportunity for owner-operators, families, entrepreneurs, or investors looking to acquire a flexible, fully operational business in a high-demand commercial location at an exceptional value. Rarely does a turnkey business with this location, setup, and potential become available at this price. Don't miss this opportunity!

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near UNIT G - 1541 MERIVALE ROAD