Ottawa, ON Commercial Real Estate for Lease and Sale

Explore 319 listings of Ottawa commercial real estate to find the best space for your business.

66 Slater St

66 Slater Street, Centretown, Ottawa, ON
Property

Office

257,967 SF
Availability

4 Spaces

20,478 SF
For Lease

$18.00/SF/YR
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1257-1283 Algoma Road

1257-1283 Algoma Road, Cyrville, Ottawa, ON
Property

Office

88,100 SF
Availability

1 Space

2,815 SF
For Lease Contact for pricing
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355 Montréal Road

355 Montréal Road, Vanier, Ottawa, ON
Property

Retail

5,499 SF
Availability

1 Space

5,499 SF
For Lease

$32.00/SF/YR
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185 Rideau Street

185 Rideau Street, Lower Town - ByWard Market, Ottawa, ON
Property

Office

3,600 SF
Availability

2 Spaces

3,562 SF
For Lease Contact for pricing
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86 Murray Street

86 Murray Street, Lower Town - ByWard Market, Ottawa, ON
Property

Retail

2,967 SF
Availability

1 Space

2,967 SF
For Lease

$44.22/SF/YR
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271 Bank Street

271 Bank Street, Centretown, Ottawa, ON
Property

Retail

2,009 SF
Availability

1 Space

2,009 SF
For Lease

$43.50/SF/YR
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World Exchange Plaza

111 Albert Street, Centretown, Ottawa, ON
Property

Retail

61,737 SF
Availability

13 Spaces

31,399 SF
Year Built

1991
For Lease

$74.42 - $137.87/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Ottawa commercial real estate market incorporates 10,365,083 square feet of office space across 164 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Ottawa commercial real estate market includes 1,995,288 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Ottawa market, there is a total of 2,613,400 square feet of industrial property.
The listing inventory in Ottawa incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Ottawa is represented by Office space, which accounts for 2,532,431 square feet of available listings. Industrial space available in Ottawa adds up to 683,998 square feet.

Meanwhile, most of the listings of commercial property for sale in Ottawa are in the Industrial category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Ottawa is $16.45 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Ottawa can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Ottawa, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Ottawa is in the Centretown neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Morgan's Grant area.

Meanwhile, retail space opportunities are most abundant in the Centretown submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Clearview.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
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 — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $48 per square foot. In particular, the property type commanding the highest lease rates in Ottawa was Retail space.
The average size of a commercial property in Ottawa depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Ottawa, the average size of an office property is 66,443 square feet.
- Retail properties here incorporate an average of 30,697 square feet.
- Industrial space in Ottawa is in buildings that are, on average 56,814 square feet in size.

Ottawa, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Ottawa currently add up to 11,324,019 square feet. The market offers 163 active office listing(s), which amount to 2,559,592 square feet and account for 55% of commercial spaces on the market. Local retail availability includes 382,425 square feet across 75 retail space(s). Industrial space for rent opportunities in Ottawa amount to 759,190 square feet across a total of 44 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	163	2,559,592
Retail	75	382,425
Industrial	44	759,190
Other	12	7,622,812

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Ottawa, ON. Currently, there is 1,188,042 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 8 retail investment opportunity listing(s) , and 10 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	18,906
Retail	8	66,528
Industrial	10	999,139
Other	14	103,468

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Ottawa, ON Commercial Real Estate for Lease and Sale

66 Slater St

1257-1283 Algoma Road

355 Montréal Road

185 Rideau Street

86 Murray Street

271 Bank Street

World Exchange Plaza

Frequently Asked Questions

Ottawa, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Office Searches

Popular Retail Searches

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Ottawa, ON Commercial Real Estate for Lease and Sale

66 Slater St

1257-1283 Algoma Road

355 Montréal Road

185 Rideau Street

86 Murray Street

271 Bank Street

World Exchange Plaza

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Ottawa, ON?

What factors affect the price of commercial real estate in Ottawa, ON?

What is the average rent for commercial space in Ottawa, ON?

What are the best areas for commercial real estate in Ottawa, ON?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Ottawa, ON?

Ottawa, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us