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Home ON Ottawa - Gatineau Ottawa West Centertown
356 PRESTON STREET
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356 PRESTON STREET $2,599,000
$2,599,000
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356 PRESTON STREET
Ottawa, Ontario K1S4M7

MLS® Number: X12544952

Listing Description

Exceptional Opportunity to own a single use building in a PRIME location in the Heart of Little Italy!!! Occupied by the established and successful La Favorita Restaurant. Building is for sale for owner occupier (with 6-12 months notice) OR a new net lease back option providing a great income/stability for a new building investor. Building has even completely renovated over the past 15 years. Large outdoor patio on the property. 2800 sq ft of interior space including useable mezzanine plus small office/apartment on 2nd floor. High Ceilings provide an impressive "wow factor" as you walk into the space. Located across from the largest office/retail/residential complex on Preston Street - Preston Square. The area is experiencing vast growth and development with many new high rise condo/apartments, the future Ottawa Hospital Campus at Preston & Carling and future home of the Ottawa Senators New NHL Arena at Lebreton Flats. (41648442)

Location Description

Cross Streets: Preston and Aberdeen. ** Directions: north on Preston from Carling; on the west side across from Preston Square.

Property Summary

Property Type
Retail
Community Name
4502 - West Centre Town
Land Size
33.33 x 98 FT
Annual Property Taxes
$23,091.43
Time on REALTOR.ca
31 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
2800 sqft

Land

Lot Features
Frontage
33 ft ,3 in
Land Depth
98 ft
Other Property Information
Zoning Description
TM[78] H(15)
Data provided by: Ottawa Real Estate Board
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Gary Shaker