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121 Preston Street
4205 - West Centre Town West Centre Town K1R 7P3

$100,000 /For Sale
Commercial

Restaurant
Photo 1: 121 Preston Street, West Centre Town
Photo 2: 121 Preston Street, West Centre Town
Photo 3: 121 Preston Street, West Centre Town
Photo 4: 121 Preston Street, West Centre Town
Photo 5: 121 Preston Street, West Centre Town
Photo 6: 121 Preston Street, West Centre Town
Photo 7: 121 Preston Street, West Centre Town
Photo 8: 121 Preston Street, West Centre Town
Photo 9: 121 Preston Street, West Centre Town
Photo 10: 121 Preston Street, West Centre Town
Photo 11: 121 Preston Street, West Centre Town
Photo 12: 121 Preston Street, West Centre Town
Photo 13: 121 Preston Street, West Centre Town
Photo 14: 121 Preston Street, West Centre Town
Photo 15: 121 Preston Street, West Centre Town
Photo 16: 121 Preston Street, West Centre Town
Photo 17: 121 Preston Street, West Centre Town
Photo 18: 121 Preston Street, West Centre Town
Photo 19: 121 Preston Street, West Centre Town
Photo 20: 121 Preston Street, West Centre Town
Photo 21: 121 Preston Street, West Centre Town
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12934682
Bus Major:
Restaurant
Rent just $2650/month, downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant locates in an excellent place in Ottawa's Little Italy, close to Chinatown, within Ottawa's renowned Asian and Italy dining district. It enjoys a steady flow of customers, offers free parking, and has convenient evening and weekend parking spots. In every summer, during the Italian Food Festival, stalls can be set up on the roadside in front of the restaurant to sell food. Additionally, there is a patio outside of the restaurant. The planned newly built Ottawa Senators stadium just nearby walking distance is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use(including value $50000 range hood). The restaurant has received high ratings on Google and has been featured in media outlets such as the Ottawa Citizen and CTV. This is an excellent opportunity to own a well-known restaurant(you can use your brand and food style) in the heart of Ottawa's vibrant dining district, with lowest rent and a large of fixed takeout customers. It is wonderful chance for long time investment( First lease can be five years then extension every five years with competitive rent).
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Total Area:
2000 sq. ft. Square Feet
Total Area:
2,000 sq. ft.
Retail Area:
800 sq. ft. Sq Ft
Lot Depth:
64'11⅞"
Lot Frontage:
36'8"
Lot Shape:
Rectangular
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Electric Forced Air
Garage:
Reserved/Assignd
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$13,200 / 2025
Assessment:
$- / -
Ottawa
West Centre Town
4205 - West Centre Town
Public Transit, Recreation/Community Centre
Rent $2650/month
Equipments, utensils, appliances, inventories,furnitures
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
5:00pm-10:00pm
Employees:
5
Chattels:
Yes
LLBO:
No
Outside Storage:
No
Seats:
60
Date Listed:
Mar 30, 2026
Original Price:
Previous Price:
  • Photo 1: 121 Preston Street, West Centre Town
    Restaurant
  • Photo 2: 121 Preston Street, West Centre Town
    Patio
  • Photo 3: 121 Preston Street, West Centre Town
    Dining Area
  • Photo 4: 121 Preston Street, West Centre Town
    Washroom 1
  • Photo 5: 121 Preston Street, West Centre Town
    Washroom 2
  • Photo 6: 121 Preston Street, West Centre Town
    Dinning Area
  • Photo 7: 121 Preston Street, West Centre Town
    Dining Area
  • Photo 8: 121 Preston Street, West Centre Town
    Dining Area
  • Photo 9: 121 Preston Street, West Centre Town
    Dining Area
  • Photo 10: 121 Preston Street, West Centre Town
    Dining Area
  • Photo 11: 121 Preston Street, West Centre Town
    Dining Area
  • Photo 12: 121 Preston Street, West Centre Town
    Counter
  • Photo 13: 121 Preston Street, West Centre Town
    Service
  • Photo 14: 121 Preston Street, West Centre Town
    Basement
  • Photo 15: 121 Preston Street, West Centre Town
    Basement
  • Photo 16: 121 Preston Street, West Centre Town
    Kitchen
  • Photo 17: 121 Preston Street, West Centre Town
    Kitchen
  • Photo 18: 121 Preston Street, West Centre Town
    Kitchen
  • Photo 19: 121 Preston Street, West Centre Town
    Kitchen
  • Photo 20: 121 Preston Street, West Centre Town
    Parking Spots
  • Photo 21: 121 Preston Street, West Centre Town
    Parking Spots
Listed by COLDWELL BANKER FIRST OTTAWA REALTY
Data was last updated March 31, 2026 at 04:15 AM (UTC)
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