499 Preston St - Churches FOR SALE


Ottawa, ON K1S 4N7- Westboro
$2,450,000 CAD
877-753-2689
499 Preston St, Ottawa, ON for Sale
$2,450,000 CAD
Churches - FOR SALE
1/53
null | Request Cap Rate

499 Preston St
Ottawa, ON K1S 4N7
Westboro


HIGHLIGHTS

  • Prominently located along Preston Street, one of Ottawa’s most vibrant and high-traffic commercial corridors, providing excellent visibility.
  • Surrounded by a dense mix of residential, retail, and office uses, supporting consistent customer flow and business activity.
  • Offers convenient access to downtown Ottawa, major arterial roads, and public transit, enhancing connectivity for both customers and staff.

OVERVIEW

A rare going-concern opportunity in one of Ottawa's most recognizable buildings. This landmark 1983 church conversion at 499 Preston Street sits at the heart of Little Italy and the Dow's Lake entertainment corridor, one of the city's most trafficked and culturally vibrant stretches. The property spans approximately 4,348 square feet on a 50 x 76-foot lot with Mainstreet (TM) zoning and offers the kind of visibility that most commercial operators spend years trying to earn. What makes this exceptional is what comes with the building. The business is established, operational, and generating revenue with an active client base and multi-year contracts already in place. The books are open for qualified buyers to review, and current ownership is committed to a proper transition. Run it as is, scale it, or bring your own vision entirely. For the right entrepreneur, this is not a startup. It is a running operation with infrastructure, clientele, and cash flow from day one. The space is purpose-built for collaboration and hospitality. Features include two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and expansive open-concept areas suited to events, wellness, professional services, or creative industries. Mainstreet zoning supports retail, restaurant, medical, office, and institutional uses. Steps from Dow's Lake, the Civic Hospital, and the luxury condominium developments reshaping this corridor, the location is only gaining momentum. Specialized commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified buyers. Buyer to verify all measurements and permitted uses.

FOR SALE DETAILS

PRICE

$2,450,000 CAD

PRICE/SF

$563 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,832 SF

ZONING

TM [86]

APN/PARCEL ID

061406340128800

ASK ABOUT THIS PROPERTY

Fady KhudairSutton Group-Ottawa RealtyMore Info
877-753-2689

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Fady KhudairSutton Group-Ottawa RealtyMore Info
877-753-2689

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