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For Sale - 266 Preston Street, West Centre Town, Ontario

266 Preston Street

West Centre Town , Ontario

4 $1,250,000

Est payment $6,002/mo

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Time on Jump 62 day

AI Summary *

Turnkey restaurant business with building available for immediate acquisition.
Established operation with a clean, efficient kitchen and dining area.
Upper-level apartment offers extra income potential of $2,000 monthly.
Located near LRT station and upcoming Civic Hospital campus.
High-growth area with significant future development opportunities.

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Purchase Price

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Down Payment:
$ 62,500 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Turnkey restaurant & building for sale - prime ottawa growth corridor. Exceptional opportunity to acquire both a long-established restaurant business and the commercial building in one of ottawa's most rapidly evolving neighborhoods. Kochu restaurant is a successful, turnkey operation offering 16 seats, a clean and efficient commercial kitchen, professional hood fan system, and a well-maintained dining area. The property underwent a substantial two-story addition in 2013, with many fixtures, equipment, and building components updated at that time. The upper-level apartment provides additional income potential of approximately $2,000 per month, while rear parking offers added convenience. Ideally positioned just steps from the lrt station, near the new civic hospital campus currently under development, and close to the proposed future stadium district, this property stands to benefit from significant long-term growth, increased traffic, and ongoing neighborhood investment. Property features: building and established restaurant business included. Rear parking. Excellent building condition. High-growth location near major infrastructure projects. An ideal opportunity for owner-operators, investors, or those seeking a strategic holding in a rapidly appreciating area with future redevelopment potential.

Listing IDX13220762

Address266 Preston Street

CityWest Centre Town, Ontario

Price$1,250,000

Bath4 Full

StyleInvestment

Land Size2680

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air Closed

Market Info

Listing Agency:
ROYAL LEPAGE INTEGRITY REALTY

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Listing Agency:
ROYAL LEPAGE INTEGRITY REALTY

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For Sale - 266 Preston Street, West Centre Town, Ontario

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