266 Preston St N

West Centre Town, ON K1R 7R5
  • $36

    Price
  • 4

    Bath
  • 2680

    Acre

About the Listing 493500 -

EXCEPTIONAL TURN-KEY RESTAURANT OPPORTUNITY IN THE HEART OF LITTLE ITALY! Welcome to 266 Preston Street, ideally situated along one of Ottawa's most vibrant and established commercial corridors. This well-maintained property offers excellent street exposure, strong visibility, and an outstanding opportunity for restaurant operators looking to establish or expand their business in a highly desirable location. The main floor features approximately 940 sq. ft. of fully equipped restaurant space, plus an additional 260 sq. ft. of basement storage. The second floor offers a two-bedroom apartment with a kitchen and full bathroom, providing flexible options for residential accommodation, office space, or staff facilities. The building underwent extensive renovations exceeding $450,000 in 2013 and has been well maintained. Conveniently located near the LRT, Dow's Lake, and downtown Ottawa, with ongoing development and intensification throughout the Preston Street corridor. An exceptional opportunity to lease an entire building in one of Ottawa's most recognizable and sought-after neighborhoods. Estimated TMI (2026): $12.95/sq. ft.

Listing Highlights for 266 Preston St N

Status Active
Days on Site 8
Property Type Commercial Sale
MLS ® X13884444
Year Built
Lot/Acreage 2680

Interior Details

  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Yes
  • Heating: Gas Forced Air Closed
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: No Garage

Financial Details

  • Tax Amount: $11,809
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 041060078
  • Tax Year: 2026

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Listing Location

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266 Preston St N West Centre Town, ON K1R 7R5

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Michael Sotoadeh

Real Estate Broker | Team Sold Today | Michael Sotoadeh | Harvey Kalles Real Estate Ltd., Brokerage

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