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59 CHAMPAGNE AVENUE S

Ottawa, Ontario, K1S4P1

$2,899,900
For Sale · Business · MLS® X14107520
Business
Type

About this property

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. (id:66947)

Property details

Property

Property Type
Business
Property Subtype
Business
Lot Dimensions
Bldg=45.75 x 99 FT
Business Type
Restaurant

Interior

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Washer, Dryer

Utilities

Water
Municipal water

Financial

Property Taxes
11371
Tax Year
2025

Location

City
Ottawa
Postal Code
K1S4P1

Location

Mortgage calculator
Estimated monthly
$13,280

Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.

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