For Sale

356 PRESTON Street, Ottawa, Ontario K1S4M6

$3,100,000

356 PRESTON Street, Ottawa, Ontario K1S4M6 is For Sale and has a listing price of 3,100,000. The property is located in the West Centertown neighbourhood. It's been on the website for 117 Days.

  • Retail
    Property Type
  • MLS ID: X9516558
  • Office Name SHAKER REALTY LTD.
Property Description

PRIME location in the heart of Little Italy! And across from the largest office/retail/residential complex on Preston Street – Preston Square. Single Use building currently occupied by La Favorita Restaurant established for over 35 years and over 15 years in this location. Building for sale and new net lease to be negotiated. Otherwise, vacant possession requires at least 6 months notice. Building has been completely renovated over past 15 years in 2 stages. Large outdoor patio is located on the property not city sidewalk. 2800 sq ft of interior space including useable mezzanine. Very High Ceilings. Note zoning: TM [78,H(15) for redevelopment purposes. Successful Business could also be for sale at additional purchase price. (id:43137)

Property Details
  • MLS ID: X9516558
  • Price: $3,100,000
  • Transaction Types: For Sale
  • Ref ID: 27246725
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/16/2024 1411518 $999,000 For Sale - -
10/16/2024 X9522964 $999,000 For Sale - -
08/01/2024 X9516558 $3,100,000 For Sale - -
08/01/2024 1405509 $3,100,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
West Centertown
  • $881,805 Average List Price
    based on 1 year
  • 95 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.47 % Up
  • Sold (12mo) 23
  • Rented (12mo) 23

  • 1 Month Change +16.8%
  • 3 Month Change +10.0%
  • 6 Month Change +52.7%
Walkscore
  • 96 Walk Score
    Walker's Paradise
  • 69 Transit Score
    Good Transit
  • 100 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    30.98%
  • Commercial
    10.78%
  • Condo
    57.61%
  • Land for Sale
    0.63%
Additional Details
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 01/08/2024 00:00:00
  • Zoning C7
  • Agent Name: GARY SHAKER
  • Last Updated: 27/11/2024 17:40:38
Open House Dates
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