499 Preston Street

ActiveDows Lake - Civic Hospital and Area · 4502 - West Centre Town52 days on marketMLS® X13444616

$2,650,000

$609 / sq ft

Bedrooms0

Bathrooms0

Interior4,348 sq ft

TypeCommercial

ListingFor Sale

Days on Market52

About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13444616
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,348 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	4502 - West Centre Town
City	Dows Lake - Civic Hospital and Area
Postal Code	K1S 4N7
Province	ON
Listed Date	June 15, 2026
Days on Market	52
Price per Sq Ft	$609
Brokerage	SUTTON GROUP - OTTAWA REALTY