Prime Downtown Retail Space Next to Rideau Centre | 542–1,722 sf

1 Nicholas Street, Ottawa, ON, K1N 7B7, Ottawa 8 days ago
Studio Bedrooms
Commercial & Office Space for Rent Type
Description

Address: 1 Nicholas Street, Ottawa, ON
Price: $40.00/SF
Operating Costs (OPC): $11.32/SF
Zoning: MD
Availability: 2 Units

Retail space available in the heart of Downtown Ottawa, directly adjacent to the Rideau Centre and steps from the ByWard Market, University of Ottawa, and Sandy Hill. Surrounded by high-density residential towers, student housing, and office buildings, this location offers constant pedestrian and vehicle traffic.

The property features large display windows, prominent building signage, and excellent visibility. An additional entrance into the building lobby provides strong internal exposure within the office tower.

Available Units

Unit 5 1,722 SF

  • Available January 1, 2026

  • Ideal for established or franchise restaurant

  • Ceiling height: 98 (cross tee) | 12 (to concrete slab)

  • Private entrance

  • Display windows and entrance facing into office tower lobby

Unit 2 542 SF

  • Available February 1, 2026 (30 days notice required)

  • Faces onto Ogilvy Square (pedestrian plaza connecting to Rideau Street)

  • Exposure to public art installations and special events

Highlights
  • Large display windows and strong building signage

  • Adjacent to Rideau Centre and LRT Station

  • High vehicle and pedestrian traffic

  • Surrounded by dense residential and office population

  • Direct access to Highway 417 and canal routes

Suggested Uses
  • Retail store

  • Tourism centre

  • Established or franchise restaurant

For more information or to book a tour:
Neil Mason
Cushman & Wakefield
613-236-7777

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Market Price Insight
Based on 81,723 rental transactions in Ottawa
$0.65
Avg $/sqft
$1,999
Avg Monthly
Source: Market data 2019–2026 · Ottawa
Location

Approximate location shown for privacy.