266 Preston Street North, Ottawa, Ontario K1R7R5

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.

$1,250,000
4
BA
1,650
SqFt

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List Price
$1,250,000
MLS®
X13220762
Days on Market
57
Status
ACTIVE
Type
Commercial
Subtype
Business
Bathrooms
4
Living Area
1,650
Lot Size Dimensions
26.28 x 99.88 FT
Subdivision
4205 - West Centre Town

Property Description

Turnkey Restaurant & Building for Sale - Prime Ottawa Growth Corridor. Exceptional opportunity to acquire both a long-established restaurant business and the commercial building in one of Ottawa's most rapidly evolving neighborhoods. Kochu Restaurant is a successful, turnkey operation offering 16 seats, a clean and efficient commercial kitchen, professional hood fan system, and a well-maintained dining area. The property underwent a substantial two-story addition in 2013, with many fixtures, equipment, and building components updated at that time. The upper-level apartment provides additional income potential of approximately $2,000 per month, while rear parking offers added convenience. Ideally positioned just steps from the LRT station, near the new Civic Hospital campus currently under development, and close to the proposed future stadium district, this property stands to benefit from significant long-term growth, increased traffic, and ongoing neighborhood investment. Property Features: Building and established restaurant business included. Rear parking. Excellent building condition. High-growth location near major infrastructure projects. An ideal opportunity for owner-operators, investors, or those seeking a strategic holding in a rapidly appreciating area with future redevelopment potential. (id:5764)

Additional Information

Subdivision
4205 - West Centre Town
Parking Spaces
3
Cooling
Fully air conditioned
Country
Canada
Heating
Forced air, Natural gas
Lot Features
Irregular lot size

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Calculator source: Real Geeks