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59 Champagne Avenue S
4502 - West Centre Town Dows Lake - Civic Hospital and Area K1S 4P1

$2,899,900 /For Sale
Commercial

Main Photo: 59 Champagne Avenue S in Dows Lake - Civic Hospital and Area: 4502 - West Centre Town Commercial for sale : MLS®# X14107520
Photo 1: 59 Champagne Avenue S in Dows Lake - Civic Hospital and Area: 4502 - West Centre Town Commercial for sale : MLS®# X14107520
Photo 2: 59 Champagne Avenue S in Dows Lake - Civic Hospital and Area: 4502 - West Centre Town Commercial for sale : MLS®# X14107520
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14107520
Bus Major:
Restaurant
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.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1500 sq. ft. Sq Ft
Lot Depth:
99'
Lot Frontage:
45'9"
Water supply:
Municipal
Zoning:
R4UD
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$11,371 / 2026
Assessment:
$- / 2025
Ottawa
Dows Lake - Civic Hospital and Area
4502 - West Centre Town
Fridge and Stove in Rental Apt.1, Fridge Stove Washer Dryer Ground Floor Apt.2, as well as all business chattels on site
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
With Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
7-10.5
Employees:
10
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Oct 22, 2026
Original Price:
Previous Price:
  • Photo 1: 59 Champagne Avenue S in Dows Lake - Civic Hospital and Area: 4502 - West Centre Town Commercial for sale : MLS®# X14107520
    Photo 1 of 2
  • Photo 2: 59 Champagne Avenue S in Dows Lake - Civic Hospital and Area: 4502 - West Centre Town Commercial for sale : MLS®# X14107520
    Photo 2 of 2
Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated October 22, 2026 at 09:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.