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266 Preston Street, Ottawa, ON

· West Centre Town
1900
Sq Ft
2680 Feet
Lot Size
3
Parking
Retail
Style
Lease
Listing Type

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About this Property

  • The main floor features approximately 940 sq
  • of fully equipped restaurant space, plus an additional 260 sq

EXCEPTIONAL TURN-KEY RESTAURANT OPPORTUNITY IN THE HEART OF LITTLE ITALY! Welcome to 266 Preston Street, ideally situated along one of Ottawa's most vibrant and established commercial corridors. This well-maintained property offers excellent street exposure, strong visibility, and an outstanding opportunity for restaurant operators looking to establish or expand their business in a highly desirable location. The main floor features approximately 940 sq. ft. of fully equipped restaurant space, plus an additional 260 sq. ft. of basement storage. The second floor offers a two-bedroom apartment with a kitchen and full bathroom, providing flexible options for residential accommodation, office space, or staff facilities. The building underwent extensive renovations exceeding $450,000 in 2013 and has been well maintained. Conveniently located near the LRT, Dow's Lake, and downtown Ottawa, with ongoing development and intensification throughout the Preston Street corridor. An exceptional opportunity to lease an entire building in one of Ottawa's most recognizable and sought-after neighborhoods. Estimated TMI (2026): $12.95/sq. ft.

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Listed by ROYAL LEPAGE INTEGRITY REALTY · MLS# X13884444

About Centretown

Urban Core · Avg $450K

Centretown is Ottawa's most walkable and vibrant urban neighbourhood, offering a lifestyle built around convenience, culture, and community. Bounded roughly by the Queensway to the south, the Rideau Canal to the east, Wellington Street to the north, and Bronson Avenue to the west, Centretown places residents within walking distance of Parliament Hill, the National Arts Centre, major museums, and the city's best dining and nightlife corridors on Bank Street, Elgin Street, and Somerset Street.

Walk Score97
Avg Condo Price$450K
Restaurants200+
Walk to Parliament15 min
View Full Centretown Guide

Features & Details

Property details of 266 Preston Street, Ottawa, ON

Property TypeCommercial Retail
StyleRetail
Size1900 sq ft
Total Parking3
5.0 · 70+ Google reviews
Showing type
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$36/mo

266 Preston Street, Ottawa, ON

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