True
Space Available For Lease 1
Space Available |
• Ideal for retail and restaurant use
Candice Lerner-Fry
Marcus & Millichap
Fraser J. Paddison
Marcus & Millichap |
Contacts
Marcus & Millichap
Marcus & Millichap
Property Details
- Property Type Retail - Restaurant
- Property Size 1,800 SF
- Date Updated May 11, 2026
• The area is undergoing a revitalization with several newly built mixed-use developments recently completed along Rideau Street • High student population within the immediate vicinity and 15 minute walk from University of Ottawa’s central campus • Several residential condo developments are under construction within 1 km of the property • Minutes from Rideau LRT station, the Byward Market and Ottawa’s downtown core
Reach out to the broker for more info on lease terms and amenities
Getting around
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97/100
Walk Score ®
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79/100
Transit Score ®
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99/100
Bike Score ®
Location
- City Ottawa, ON
- Neighborhood Lower Town - ByWard Market
- Postal Code K1N 5Z5
Points of Interest
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William Street, ByWard Market
0.68 miles
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Rideau
0.70 miles
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Rideau Street, Rideau Centre
0.73 miles
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Rideau Centre
0.77 miles
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Sussex Drive, Rideau Street
0.80 miles
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UoO Taxi Stand #4
0.84 miles
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Lees
1.14 miles
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Parliament
1.20 miles
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Queen Street, Place de Ville
1.48 miles
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Lyon
1.51 miles
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Petro-Canada
0.36 miles
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Shell
0.48 miles
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Esso
0.65 miles
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Ultramar
1.32 miles
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FLO
1.35 miles
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MacEwen
1.66 miles
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Pioneer
1.83 miles
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Circuit électrique
1.93 miles
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ChargePoint
2.81 miles
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Tesla Destination Chargers
6.37 miles
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Brooks
0.59 miles
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Dalhousie Garage
0.60 miles
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Indigo
0.63 miles
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Rideau Centre - Red Garage
0.69 miles
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ByWard Market Garage
0.71 miles
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Market Garage
0.74 miles
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Capital Parking
0.76 miles
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Bruyère Continuing Care
0.80 miles
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Mann Visitor Parking
0.86 miles
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Si Señor
0.03 miles
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Chinese Meat Pie House
0.04 miles
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Go Gi Ya
0.05 miles
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Shawarma Palace
0.06 miles
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3 Brothers Shawarma
0.07 miles
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Panago
0.07 miles
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Ariana Kabab House
0.13 miles
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RamaKrishna Indian Restaurant
0.14 miles
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Habesha Restaurant
0.14 miles
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Chip Wagon
0.16 miles
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Loblaws
0.25 miles
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Metro
0.56 miles
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Giant Tiger
0.63 miles
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Simons
0.68 miles
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Nordstrom
0.71 miles
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Rideau Centre
0.73 miles
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Saks Off 5th
0.74 miles
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Hudson's Bay
0.76 miles
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Farm Boy
0.79 miles
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Green Fresh
0.80 miles
489 Rideau Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
489 Rideau Street is located in Lower Town - ByWard Market, which is home to a total of 14 listing(s). Retail space at 489 Rideau Street asks $25.00/SF/YR per square foot.
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The property includes 1,800 square feet of retail space for lease. Of this total, 1,800 square feet are Restaurant.
Lease agreement conditions for the availability at this property include Net.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.