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    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7

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    • 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    For Sale Active Commercial

    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7

    $2,450,000

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    499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7, Dows Lake - Civic Hospital and Area, ON
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      4348.0 sqft

    One of Ottawa's most distinctive commercial addresses is now available for acquisition. This 1983 church conversion at 499 Preston Street anchors the Little Italy and Dow's Lake corridor, surrounded by the city's densest concentration of restaurants, entertainment venues, and major new condominium development reshaping the entire stretch. The building offers approximately 4,348 square feet on a 50 x 76 foot lot and delivers the kind of presence and character that simply cannot be built from scratch at this price point.The Mainstreet (TM) zoning is one of the most flexible commercial designations in Ottawa, and that is a significant part of the story here. It opens the door to restaurants, bars, entertainment venues, retail, medical and wellness clinics, professional offices, and institutional uses, all permitted within the same envelope. For a buyer with a hospitality or entertainment concept, the location and the zoning are a near-perfect match. Preston Street at Dow's Lake is already one of the city's top dining and entertainment destinations, and this building sits right at its centre. The interior supports ambitious buildouts. Two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and wide open floor plates give any incoming operator a serious head start. Long-term redevelopment potential adds another layer of value for investors thinking beyond the immediate use.Specialised commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified purchasers. Available with vacant possession and ready for your vision. Buyer to verify all measurements and permitted uses.

    Property Highlights

    For Sale
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      MLS NO.

      X13444610

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      Type

      Commercial

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      Sub Type

      Commercial Retail

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      Square Footage

      4348.0 sqft

    Complete Property Details

    Property Type Commercial
    Sub Type Commercial Retail
    Transaction Type For Sale
    Status Active
    Contract Status Available
    MLS® Number X13444610
    Security Features Yes
    Lot Width 50.0
    Lot Size Units SquareFeet
    Garage Type None
    Cooling Yes
    Heat Type Gas Forced Air Closed
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 499 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N7
    City Dows Lake - Civic Hospital and Area
    Neighbourhood 4502 - West Centre Town
    County / Region Ottawa
    Province / State ON
    Postal Code K1S 4N7
    Cross Street Carling Ave, Preston St
    Directions Carling Ave to Preston St
    Country CA
    List Price $2,450,000
    Annual Taxes $31,401
    Tax Year 2026
    Possession Type 90+ days
    Listing Office SUTTON GROUP - OTTAWA REALTY
    Board Ottawa Real Estate Board
    Original Entry 2026-06-15T14:10:03Z
    Media Updated 2026-06-15T14:10:03Z
    Photos Updated 2026-06-15T14:10:03Z
    Last Modified 2026-06-15T14:10:03Z
    System Modified 2026-07-06T21:35:17.68031Z
    MLS Status New
    Basement Yn Yes
    Ddfyn Yes
    Expiration Date 2026-12-31
    Heat Type Multi Gas Forced Air Closed
    Hstapplication In Addition To
    Occupant Type Owner
    Originating System Id A00001796
    Parcel Number 041040015
    Parking Spaces 0
    Public Remarks One of Ottawa's most distinctive commercial addresses is now available for acquisition. This 1983 church conversion at 499 Preston Street anchors the Little Italy and Dow's Lake corridor, surrounded by the city's densest concentration of restaurants, entertainment venues, and major new condominium development reshaping the entire stretch. The building offers approximately 4,348 square feet on a 50 x 76 foot lot and delivers the kind of presence and character that simply cannot be built from scratch at this price point.The Mainstreet (TM) zoning is one of the most flexible commercial designations in Ottawa, and that is a significant part of the story here. It opens the door to restaurants, bars, entertainment venues, retail, medical and wellness clinics, professional offices, and institutional uses, all permitted within the same envelope. For a buyer with a hospitality or entertainment concept, the location and the zoning are a near-perfect match. Preston Street at Dow's Lake is already one of the city's top dining and entertainment destinations, and this building sits right at its centre. The interior supports ambitious buildouts. Two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and wide open floor plates give any incoming operator a serious head start. Long-term redevelopment potential adds another layer of value for investors thinking beyond the immediate use.Specialised commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified purchasers. Available with vacant possession and ready for your vision. Buyer to verify all measurements and permitted uses.
    Showing Requirements List Brokerage, List Salesperson
    Street Name Preston
    Street Number 499
    Street Suffix Street
    Vendor Property Info Statement No