More Photos

×

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

    Est payment $11,765/mo
    Get pre-qualified
    Views   3
    Time on Jump  125 day

    AI Summary *

    • Unique church conversion in a prime commercial location on Preston Street.
    • Surrounded by top restaurants, entertainment venues, and new condominiums.
    • Flexible Mainstreet zoning allows for various commercial uses and concepts.
    • Spacious interior with two kitchenettes and wide open floor plates.
    • Immediate investment opportunity with long-term redevelopment potential.




    One of ottawa's most distinctive commercial addresses is now available for acquisition. This 1983 church conversion at 499 preston street anchors the little italy and dow's lake corridor, surrounded by the city's densest concentration of restaurants, entertainment venues, and major new condominium development reshaping the entire stretch. The building offers approximately 4,348 square feet on a 50 x 76 foot lot and delivers the kind of presence and character that simply cannot be built from scratch at this price point. The mainstreet (tm) zoning is one of the most flexible commercial designations in ottawa, and that is a significant part of the story here. It opens the door to restaurants, bars, retail, medical and wellness clinics, professional offices, and institutional uses, all permitted within the same envelope. For a buyer with a hospitality or entertainment concept, the location and the zoning are a near-perfect match. Preston street at dow's lake is already one of the city's top dining and entertainment destinations, and this building sits right at its centre. The interior supports ambitious buildouts. Two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and wide open floor plates give any incoming operator a serious head start. Long-term redevelopment potential adds another layer of value for investors thinking beyond the immediate use. Specialised commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified purchasers. Available with vacant possession and ready for your vision.
    Listing IDX13444610
    Address499 Preston Street
    CityDows Lake - Civic Hospital and Area, Ont…
    Price$2,450,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

    ASAP

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    34 Rideauview Terrace
    Dows Lake - Civic Hospital …
    4 Beds | 5 Baths
    $2,795,000
    Loading...
    499 Preston Street
    Dows Lake - Civic Hospital and Area , Ontario
    $2,450,000
    Get more info