Sale Of Business · For sale

59 Champagne Avenue S, Dows Lake - Civic Hospital and Area

$2,899,900business price

Listing brokerage: ROYAL LEPAGE TEAM REALTY · MLS® X14107520

Listing brokerage

ROYAL LEPAGE TEAM REALTY

Type

Sale Of Business

Deal

For sale

Category

Businesses

Lot

45.75 x 99 ft

Area

4502 - West Centre Town

MLS® number

X14107520

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.