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121 PRESTON STREET, Ottawa, Ontario, K1R7P3

MLS: X12855230 | Business

$110,000

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Property Description

Downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant boasts an excellent location in Ottawa's Little Italy, close to Chinatown, within Ottawa's renowned Asian and Italy dining district. It enjoys a steady flow of customers, offers free parking, and has convenient evening and weekend parking. In every summer, during the Italian Food Festival, stalls can be set up on the roadside in front of the restaurant to sell food. Additionally, there is a patio outside of the restaurant. The planned newly built Ottawa Arena nearby is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use. The restaurant has received high ratings on Google and has been featured in media outlets such as the Ottawa Citizen and CTV. This is an excellent opportunity to own a well-known restaurant(you can use your brand and food style) in the heart of Ottawa's vibrant dining district, for a quick sale. Serious inquiries are welcome. (id:64974)

Directions: Cross Streets: Somerset and Preston. ** Directions: East of Preston Street.

Quick Facts

  • Property Type: Business
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 2,000 sq ft (185.8 m²)
  • Frontage: 37 ft (11.2 m)

Costs

  • Annual Taxes: $13,200.00

Listing Provided by: COLDWELL BANKER FIRST OTTAWA REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Electric
  • Cooling: Fully air conditioned
  • Appliances: Furniture

Exterior & Construction

  • Water: Municipal water

Lot & Land

  • Frontage: 37 ft (11.2 m)
  • Zoning: Commercial

Community & Neighbourhood

  • Neighbourhood: 4205 - West Centre Town

Listing Information

MLS® NumberX12855230
BoardOttawa
Originating SystemOttawa Real Estate Board
BrokerageCOLDWELL BANKER FIRST OTTAWA REALTY
Date ListedMarch 6, 2026
Last UpdatedMarch 6, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 121 PRESTON STREET, Ottawa, Ontario, K1R7P3

DateDays on MarketPriceEventListing ID
3/6/20260$110,000For SaleX12855230
3/6/20260$110,000ListedX12855230
🔄3/6/20260Status ChangedX12855230

Location & Neighborhood

📍121 PRESTON STREET, Ottawa, Ontario, K1R7P3
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