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    For Sale - 379 Preston Street, Dows Lake - Civic Hospital and Area, Ontario

    Est payment $1,916/mo
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    Time on Jump  1 days

    AI Summary *

    • Historic Prescott venue in the vibrant Little Italy neighborhood of Ottawa.
    • Iconic sports bar with a popular rooftop patio for outdoor enjoyment.
    • Spacious 10,000 Sq Ft property licensed for 600 guests.
    • Fully equipped commercial kitchen ready for high volume operations and events.
    • Located in a busy nightlife area with strong community support and traffic.




    The legendary prescott is available in the heart of little italy in ottawa. Originally openedin 1934 as the prescott hotel on preston street, this iconic hospitality business has becomeone of the city's best known sports bar and entertainment destinations. Featuring the porch onpreston rooftop patio, widely regarded as one of ottawa's top patios, this is a rareopportunity to acquire a historic and highly profitable hospitality venue with deep roots inthe local community. Currently owned and operated by mrg group, the business spansapproximately 10,000 sq ft and is licensed for 600 guests including the rooftop patio. Theproperty features a full commercial kitchen with large hood systems and walk-in refrigeration,allowing for high volume food and beverage operations, events, nightlife, and entertainmentprogramming. The business is available with training or can be converted into a differentconcept, cuisine, franchise, or entertainment venue. Lease rate of $34,100 gross rentincluding tmi with lots of term remaining. Positioned in one of ottawa's most vibrantrestaurant and nightlife districts, this flagship hospitality location benefits fromoutstanding visibility, steady traffic, and a loyal customer following built over generations. Serious enquiries only please do not approach staff or ownership.
    Listing IDX13873810
    Address379 Preston Street
    CityDows Lake - Civic Hospital and Area, Ont…
    Price$399,000
    Bath2 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    379 Preston Street
    Dows Lake - Civic Hospital and Area , Ontario
    2 $399,000
    Get more info