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    For Sale - 499 Preston Street, Dows Lake - Civic Hospital and Area, Ontario

    Est payment $12,725/mo
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    Views   2
    Time on Jump  51 day

    AI Summary *

    • Unique opportunity in a landmark church conversion in Little Italy.
    • Spacious 4,348 square feet with impressive visibility on a busy street.
    • Established and profitable business with active client contracts included.
    • Versatile space perfect for events, wellness, or creative industries.
    • Close to Dow's Lake and Civic Hospital, in a growing area.




    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.
    Listing IDX13444616
    Address499 Preston Street
    CityDows Lake - Civic Hospital and Area, Ont…
    Price$2,650,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  SUTTON GROUP - OTTAWA 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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    499 Preston Street
    Dows Lake - Civic Hospital and Area , Ontario
    $2,650,000
    Get more info