266 Preston Street N Ottawa, Ontario K1R 7R5
$1,200,000
Prime mixed-use opportunity in the heart of Little Italy! Welcome to 266 Preston Street, ideally located along one of Ottawa's most vibrant and established commercial corridors. Excellent street presence and visibility, surrounded by restaurants, cafés, shops, residential developments and neighborhood amenities. The main-floor commercial space is currently configured as a turnkey restaurant, providing an excellent opportunity for an operator to establish or expand a food-service business with much of the existing infrastructure already in place. The versatile commercial layout could also be reimagined for other uses, potentially including a medical or wellness clinic, professional offices, convenience store, specialty retail, personal services, showroom or other commercial concepts, subject to zoning and approvals. Zoned Traditional Mainstreet (TM), the property offers flexibility to retain the existing restaurant operation or renovate and reposition the space for a different business model. The upper-level residential unit provides an additional income stream, with estimated rental potential of approximately $2,000/month, or could provide convenient accommodation for an owner-operator. Located close to the LRT, Dow's Lake and downtown Ottawa, with continued growth and intensification along Preston Street, this property offers strong long-term potential in one of Ottawa's most recognizable neighborhoods. Vendor Takeback (VTB) available - up to 25% of purchase price. Proposed as a second mortgage behind institutional financing, with a 2-3 year term, interest rate of approximately 6%-8% (negotiable), interest-only payments preferred and balloon payment at maturity. Flexible terms may be considered based on buyer qualifications. Whether you're seeking a turnkey restaurant, commercial space for a new business, conversion opportunity or mixed-use investment, 266 Preston Street offers location, visibility, flexibility and financing options. (id:44758)
房源概要
| MLS® Number | X13639936 |
| 房源类型 | 商业物业 |
| 社区名字 | 4205 - West Centre Town |
| 附近的便利设施 | Highway, 公共交通 |
| 设备类型 | 热水器 |
| 特征 | Irregular Lot Size |
| 总车位 | 3 |
| 租赁设备类型 | 热水器 |
详 情
| 浴室 | 4 |
| Age | 51 To 99 Years |
| 空调 | 全物业配备空调 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 内部尺寸 | 1650 Sqft |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地便利设施 | Highway, 公共交通 |
| 土地深度 | 99 Ft ,10 In |
| 土地宽度 | 26 Ft ,3 In |
| 不规则大小 | 26.28 X 99.88 Ft |
| 规划描述 | Tm[78] H(15) |
https://www.realtor.ca/real-estate/30116389/266-preston-street-n-ottawa-4205-west-centre-town
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Ottawa Real Estate Board
Royal LePage Integrity Realty
August 22 2026 08:52:20
