121 Preston Street

ActiveWest Centre Town129 days on marketMLS® X12934682
$100,000
$50 / sq ft
Bedrooms0
Bathrooms2
Interior2,000 sq ft
Lot Size2,384 sq ft
TypeCommercial
ListingFor Sale
Days on Market129

About this property

Rent just $2650/month, downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant locates in an excellent place 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 spots. 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 Senators stadium just nearby walking distance is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use(including value $50000 range hood). 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, with lowest rent and a large of fixed takeout customers. It is wonderful chance for long time investment( First lease can be five years then extension every five years with competitive rent).

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX12934682
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size2,000 sq ft
Lot Size2,384 sq ft
Beds / Baths0 bed · 2 bath
CityWest Centre Town
Postal CodeK1R 7P3
ProvinceON
Listed DateMarch 30, 2026
Days on Market129
Price per Sq Ft$50
BrokerageCOLDWELL BANKER FIRST OTTAWA REALTY

Location

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Listed by COLDWELL BANKER FIRST OTTAWA REALTY