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$2,650,000
Ontario,Ottawa
For Sale Active
499 PRESTON STREET, Ottawa, Ontario K1S4N7
  • 4,348 Sqft
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Basic Details
Description

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. (id:62783)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13444616
  • Price: $2,650,000
  • Square Footage: 4,348 Sqft
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 290301
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Ottawa, K1S4N7
  • Street: Preston
  • Street Number: 499
  • Street Suffix: Street
  • Longitude: W76° 17' 32.2''
  • Latitude: N45° 23' 53.4''
Additional Information
  • Water Source:
  • Lot Features:
  • Lot Size Dimensions: Bldg=50 x 76 FT
Financial
  • Tax Annual Amount: 31400.98
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Listing updated: 2026-06-16 11:19:38
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Listing Information
  • List Agent Key: 2136126
  • List Office Key: 290301
  • Modification Timestamp: 2026-06-15T15:20:23Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-15T15:13:40Z
Powered by REALTOR.ca
Listing updated: 2026-06-16 11:19:39
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