$36/sq ft

For rent

266 Preston Street North, Ottawa - Retail for Rent

266 Preston Street North, Ottawa, Ontario, K1R7R5

4 baths3 parking1,900 ft²26 × 100 ft (2,625 sq ft) lot sizeListed 25 days ago

Overview

This retail property in Ottawa is available for rent offering roughly 1,900 sq ft of space. It has been on the market 25 days, fresher than the Ottawa average of 63 days.

Retail Space for Lease in Ottawa →All real estate in Ottawa →

Description

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. (id:66096)

Property Details

MLS®: X13884444
Property Type: Retail
Zoning: TM[78] H(15)
Transaction: Lease
Bathrooms: 4
Parking: 3
Interior Size: 1,900 ft²
Lot Size: 26 × 100 ft (2,625 sq ft)
Frontage: 26 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $11,809/yr
Listed: 25 days ago

Features

Lot Features: Irregular lot size

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

25d

Ottawa listings, avg age

63d

Rent

$36/sq ft

Haho

This retail in Ottawa has been listed for 25 days, which is 38 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE INTEGRITY REALTY · Todd Lavigne

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1R)

Median household income: $74,000
Population: 20,343
Median age: 36
Owner / renter: 31% / 69%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA K1R)

$36/sq ft

For rent

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