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New · Listed Oct 22, 2026 · 4 days on market

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

$2,899,900

Commercial · Sale Of Business · For Sale

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 summary

TypeCommercial
SubtypeSale Of Business
Business typeRestaurant
Lot size45.75 × 99 ft
Taxes$11,371 / yr
GarageNone
Possession90+ days
OccupantOwner
Property
Lot width45.75
Lot depth99
Power & Services
Heating typeGas Forced Air Closed
Zoning & Taxes
Taxes / yr$11,371
Tax year2026
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Data provided by TRREB. Listed by ROYAL LEPAGE TEAM REALTY.

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