356 Preston St - Restaurant FOR SALE


Ottawa, ON K1S 4M6- Westboro
$2,599,000 CAD
613-261-9100
356 Preston St, Ottawa, ON for Sale
$2,599,000 CAD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

356 Preston St
Ottawa, ON K1S 4M6
Westboro


OVERVIEW

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 month notice OR a new net lease back option providing a great income/stability for a new building investor . Building has been completely renovatied over the past 15 years. Large outdoor patio on the property. 2800 ssf of interior space including useable mezzanine plus small office/apartment on 2nd floor. High ceiling provide an impressive "wow factor" as you walk into the space. Located across from the largest office/retail/residential completed on Preston St - Preston Square. The area is experiencing vast growth and development with many new high rise condo/apartments, the future Ottawa Hospital Campus at Preston and Carling and future home of the Ottawa Senators New NHL Arena at Lebreton Flats.

FOR SALE DETAILS

PRICE

$2,599,000 CAD

PRICE/SF

$928 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,314 SF

ZONING

TM[78] H(15)

APN/PARCEL ID

061406350112500

ASK ABOUT THIS PROPERTY

Gary ShakerShaker Realty Ltd.More Info
613-261-9100

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Gary ShakerShaker Realty Ltd.More Info
613-261-9100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.