Log In/Sign Up
Your email has been sent.
449 Preston St 2,005 SF 100% Leased Retail Building Ottawa, ON K1S 4N5 $670,520 USD ($334.42 USD/SF)
Investment Highlights
- Located in the vibrant Centretown West neighborhood, just steps from the iconic Claridge and Soho developments.
- Positioned in close proximity to the planned Ottawa Hospital campus, enhancing future growth and redevelopment opportunities.
- Features a successful ground-floor restaurant and one-bedroom apartment generating approximately $60,000 in annual net operating income.
- Offers convenient access to public transit and boasts exceptional walk and bike scores, ensuring connectivity for residents and patrons.
Executive Summary
Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property. (
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,005 SF
Building Class
C
Year Built
2000
Price
$670,520 USD
Price Per SF
$334.42 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
MS1[86] H(19.5)
Frontage
20’ on Preston St
Amenities
- Bus Line
- Signage
- Signalized Intersection
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
449 Preston St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.