Ottawa, ON Commercial Real Estate for Lease and Sale
Explore 425 listing(s) of commercial real estate in Ottawa, ON to find the best space for your business.
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25 Pickering Place Ottawa, ON K1G 5P4, Eastway Gardens, Ottawa, ON
Frequently Asked Questions
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Here is a rundown of the primary commercial real estate property types currently available in Ottawa:
- Office Space: The market includes 13,149,950 square feet of office spaces in addition to 436 coworking locations.
- Retail Space: Between malls, restaurants and stores, Ottawa is home to 2,284,145 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 280,709,284 square feet of available space in Ottawa.
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The average rent for commercial real estate in Ottawa is $21.83 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Ottawa costs $2.2, while the city’s premium locations ask up to $52.
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Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 251,907 square feet.
- Class B properties are sized 50,614 square feet, on average.
- Class C properties span an average of 23,849 square feet.
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The best area for commercial real estate in Ottawa will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Centretown, home to no fewer than 139 listings for space of all types. If you're looking for office space, Morgan's Grant has the highest concentration of office listings at 89.
Meanwhile, Cyrville has the highest number of industrial availabilities (24), while Centretown boasts the largest number of retail listings in the city (43).
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CommercialCafe’s CRE offering in Ottawa is enabled by a network of 66 active brokers from 29 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
Asking rents in the city can be as high as $52 per square foot. In particular, the property type commanding the highest lease rates in Ottawa is Retail space.
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The average size of a commercial property here stands at 609,468. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Ottawa:
Office properties:- Average size: 79,217 square feet.
- Largest property: 1550 (100,000 square feet).
- Average size: 22,177 square feet.
- Largest property: 3742 Innes Road (45,000 square feet).
- Average size: 6,379,757 square feet.
- Largest property: Full Building (72,212 square feet).
Ottawa, ON Commercial Space Listings
Commercial Space for Lease - Breakdown
The 356 listings for commercial real estate currently available for rent in Ottawa add up to 4,626,556 square feet across various property types. Here's a breakdown of the available space by category:| Property Type | Count of Listings | Total Sq. Ft. |
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| Office | 162 | 2,493,286 |
| Retail | 107 | 701,912 |
| Industrial | 49 | 821,891 |
| Other | 38 | 609,467 |
Office properties:
- The market has 162 active office listings, encompassing 2,493,286 square feet.
- Ottawa office spaces currently listed on CommercialCafe represent 45% of the total commercial real estate market in Ottawa, compared to an average of 40% across all markets tracked by CommercialCafe.
Retail Space:
- There are 107 retail listings available, adding up to a total of 701,912 square feet.
- Retail spaces account for approximately 30% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.
Industrial Space:
- The industrial market in Ottawa offers 49 listings, amounting to 821,891 available square feet.
- Industrial spaces, including warehouses and manufacturing sites, make up about 13% of the total commercial space available in the market, compared to a nationwide average of 24%.
Commercial Space for Sale - Breakdown
There are currently 80 properties listed for sale in the Ottawa market, adding up to 1,286,360 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:- 18 office properties
- 9 retail properties
- 4 industrial properties
| Property Type | Count of Listings | Total Sq. Ft. |
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| Office | 18 | 245,819 |
| Retail | 9 | 24,413 |
| Industrial | 4 | 17,600 |
| Other | 49 | 998,528 |
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