$2,650,000
499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
Dows Lake - Civic Hospital and Area
- Square feet
- 4,348
- Type
- Sale Of Business
About this listing
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.
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Walkability, transit, and bike-friendliness for 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
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MLS# X13444616
Listed by SUTTON GROUP - OTTAWA REALTY
On market since Jun 15, 2026
About 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
How much is 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7?
499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7 is listed for $2,650,000 CAD.
What type of property is 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7?
499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7 is a Sale Of Business, 4,348 sq ft.
What neighbourhood is 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7 in?
499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7 is in Dows Lake - Civic Hospital and Area, Ontario.
Is 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7 for sale or for rent?
499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7 is currently for sale.
How do I book a showing for 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7?
Contact Michael Mezheritsky to arrange a private showing of 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7 (MLS# X13444616). You can also send a message through the contact form on this site.