59 Champagne Avenue S, Dows Lake - Civic Hospital and Area, ON K1S 4P1 — photo 11 / 2

4502 - West Centre Town · For sale

59 Champagne Avenue S, Dows Lake - Civic Hospital and Area, ON K1S 4P1

$2,899,900

Status
For sale
List price
$2,899,900
Bedrooms
0
Bathrooms
0
Type
Sale Of Business
Days on market
19
MLS®
X14107520
Listing brokerage
ROYAL LEPAGE TEAM REALTY

Property description

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 details

Garage
None
Cooling
Yes
Lot dimensions
45.75 × 99 Feet
Heating
Gas Forced Air Closed
Annual taxes
$11,371 (2026)
Possession
TBD