1884 Merivale Road 115-116, Tanglewood - Grenfell Glen - Pineglen

$1,530,000
1884 Merivale Road 115-116

$1,530,000

New
329d
Commercial Retail

1884 Merivale Road 115-116, Tanglewood - Grenfell Glen - Pineglen

Total Monthly Obligation $7,482

Beds
0
Baths
2
Park
0
DOM
329d
Property Type-Commercial Retail
MLS® Number-X12586088
Beds-0
Bathrooms-2
Listed on site-Nov 28, 2025
Building Type-Commercial Retail
Taxes-$11,219.54 (2025)
Parking-None
Heating-Gas Forced Air Closed
Brokerage-EXP REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-TBA
Neighbourhood-7502 - Merivale Industrial Park
Title-Commercial

No agent assigned

Turn-key opportunity to own a well-established European deli and specialty store in Ottawa! This business comes with a strong history, established 22 years ago, and has built a loyal customer base with excellent potential for continued growth. Located in one of the busiest and highest-traffic areas of Ottawa, it offers exceptional visibility and steady customer flow.The property features 2,000 sq. ft. of bright, open space across two combined units with 18 ft ceilings and a fully equipped, open-concept kitchen, ideal for visibility and efficient workflow. Four dedicated parking spots are included, providing rare convenience for staff and customers. A nice patio can be set up during the summer, located right in front of the store, helping attract more customers and making excellent use of the extra outdoor spaceThe versatile layout is suitable for multiple uses, including office, medical facility, warehouse, restaurant, animal care, or retail. Price includes the real estate, business and inventory. Equipment is also included, making this a true turn-key package ready for the next owner.This is a rare opportunity to acquire a reputable, long-standing business with deep roots in the neighbourhood and significant potential for future expansion.

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Closing Costs

Mortgage Amount
$1,224,000
Land Transfer Taxes$27,075
Legal Fees (Est.)
$
Total cash required for closing$334,575

Total Monthly Obligation

$7,482/mo
Mortgage $6,172
Monthly Loss $5,858
Principal$1,624
Interest$4,548
Property Tax$935
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1884 Merivale Road 115-116

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