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381 Richmond Rd 8,000 SF 6% Leased Retail Building Ottawa, ON K2A 0E7 $4,746,708 USD ($593.34 USD/SF)

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Investment Highlights

  • 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses
  • Two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open concept

Executive Summary

Located in the heart of the Westboro neighbourhood, 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses including retail, restaurant, entertainment, fitness or dance studio, daycare, medical, or service-based businesses. The premises feature two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open-concept layout (which could include removing the dropped ceiling), allowing tenants maximum flexibility to design the space to suit their needs. Up to 17 or 18 outdoor parking spaces are also available at the rear. 1,500 SF is leased at 379 Richmond Road to Quelque Chose who specialize in Macarons.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,000 SF
Building Class
C
Year Built
1939
Price
$4,746,708 USD
Price Per SF
$593.34 USD
Percent Leased
6%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.52
Lot Size
0.35 AC
Parking
20 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
39’ on Richmond Rd

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,000 SF
  • Office/Retail
  • -
  • Now

Located in the heart of the Westboro neighbourhood, 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses including retail, restaurant, entertainment, fitness or dance studio, daycare, medical, or service-based businesses. The premises feature two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open-concept layout (which could include removing the dropped ceiling), allowing tenants maximum flexibility to design the space to suit their needs. 17 to 18 outdoor parking spaces are located at the rear of the building. The main level is comprised of approximately 5,000 SF, and the second level is a total of approx. 2,500 SF. Please note however that the rental rate is only being charged on the 5,000 SF; the second level is included in the price. Additional rent is estimated at $15.00 per SF.

  • 2nd Floor
  • 2,500 SF
  • Office/Medical
  • -
  • Now

Located in the heart of the Westboro neighbourhood, 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses including retail, restaurant, entertainment, fitness or dance studio, daycare, medical, or service-based businesses. The premises feature two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open-concept layout (which could include removing the dropped ceiling), allowing tenants maximum flexibility to design the space to suit their needs. 17 to 18 outdoor parking spaces are located at the rear of the building. The main level is comprised of approximately 5,000 SF, and the second level is a total of approx. 2,500 SF. Please note however that the rental rate is only being charged on the 5,000 SF; the second level is included in the price. Additional rent is estimated at $15.00 per SF.

Space Size Space Use Position Available
1st Floor 5,000 SF Office/Retail - Now
2nd Floor 2,500 SF Office/Medical - Now

1st Floor

Size
5,000 SF
Space Use
Office/Retail
Position
-
Available
Now

2nd Floor

Size
2,500 SF
Space Use
Office/Medical
Position
-
Available
Now

1st Floor

Size 5,000 SF
Space Use Office/Retail
Position -
Available Now

Located in the heart of the Westboro neighbourhood, 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses including retail, restaurant, entertainment, fitness or dance studio, daycare, medical, or service-based businesses. The premises feature two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open-concept layout (which could include removing the dropped ceiling), allowing tenants maximum flexibility to design the space to suit their needs. 17 to 18 outdoor parking spaces are located at the rear of the building. The main level is comprised of approximately 5,000 SF, and the second level is a total of approx. 2,500 SF. Please note however that the rental rate is only being charged on the 5,000 SF; the second level is included in the price. Additional rent is estimated at $15.00 per SF.

2nd Floor

Size 2,500 SF
Space Use Office/Medical
Position -
Available Now

Located in the heart of the Westboro neighbourhood, 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses including retail, restaurant, entertainment, fitness or dance studio, daycare, medical, or service-based businesses. The premises feature two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open-concept layout (which could include removing the dropped ceiling), allowing tenants maximum flexibility to design the space to suit their needs. 17 to 18 outdoor parking spaces are located at the rear of the building. The main level is comprised of approximately 5,000 SF, and the second level is a total of approx. 2,500 SF. Please note however that the rental rate is only being charged on the 5,000 SF; the second level is included in the price. Additional rent is estimated at $15.00 per SF.

Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Tim Hortons
TD Canada Trust
Scotiabank
freshii
The WORKS Craft Burgers & Beer
RBC Royal Bank
Farm Boy
Club Pilates
Real Canadian Superstore
  • Listing ID: 39549021

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 381 Richmond Rd, Ottawa, ON K2A 0E7

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