266 Preston St N

About this Property

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.

Listing Details

MLS #

X13884444

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Retail

Year Built

51-99

Garage

None

Parking Spaces

3

Basement

Y

Heating

Gas Forced Air Closd

Cooling

Y

Lot Size

26.28 × 99.88 ft

Annual Taxes

$11,809/yr

Listed By

ROYAL LEPAGE INTEGRITY REALTY

Listed On

October 10, 2026