28 - 174 Colonnade Road, Ottawa
A famous hotspot restaurant in Chinese community! Excellent opportunity to acquire a well-established and highly rated authentic Chongqing-style Noodle house restaurant, the business is popular among local professionals and food enthusiasts alike. Located in the high-traffic Merivale/Colonnade commercial park, this restaurant benefits from strong dine-in, takeout, and online sales. Well-reviewed on Google with a loyal customer base.Proprietary recipes and preparation methods will be included in the sale, offering a smooth transition for the new owner. Ideal for both first-time operators and experienced restaurateurs looking to expand. Special note: The rent for this business property is very low-less than 10% of sales-resulting in a high profit margin, the owner ran this restaurant for 8 years and sale due to retirement. (id:1945)
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Property details for 28 - 174 Colonnade Road, Ottawa
- Type
- Commercial
- Bathrooms
- 1
- Lot Size
- Bldg=194.8 x 678.01 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $6,937 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 28 - 174 Colonnade Road
Active Listings
14
Min Price
$109,800
Max Price
$1,100,000
Avg Price
$389,157
Days on Market
54
days
Sold Listings
6
Min Sold Price
$200,000
Max Sold Price
$379,900
Avg Sold Price
$270,617
Days until Sold
46
days
Neighbourhood Census Data
Ottawa, Ontario
Population
1,392
Median Age
50.7
Median Income
$53,205
Dwelling Value
$449,473
Housing Tenure
Owners 77%
Renters 22%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 282.1/km²
Avg Shelter Cost: $1,611/mo
Owners with Mortgage: 59.6%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 48.1%
English only: 69.8%
English and French: 29%
Neither: 1.6%
Median Household Income: $98,496
Median Employment Income: $49,152
Price History
Listed
April 23, 2026
by HOME RUN REALTY INC.
Current Price
$109,800
-14.9% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $109,800 | $19,200 (-14.9%) |
| Jun 11, 2026 | $129,000 | Listed |
Contact Agent Get in touch about 28 - 174 Colonnade Road, Ottawa
Yufeng Pan
HOME RUN REALTY INC.
