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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

$2,650,000

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

A rare going-concern opportunity in one of Ottawa's most recognizable buildings. This landmark 1983 church conversion at 499 Preston Street sits at the heart of Little Italy and the Dow's Lake entertainment corridor, one of the city's most trafficked and culturally vibrant stretches. The property spans approximately 4,348 square feet on a 50 x 76-foot lot with Mainstreet (TM) zoning and offers the kind of visibility that most commercial operators spend years trying to earn. What makes this exceptional is what comes with the building. The business is established, operational, and generating revenue with an active client base and multi-year contracts already in place. The books are open for qualified buyers to review, and current ownership is committed to a proper transition. Run it as is, scale it, or bring your own vision entirely. For the right entrepreneur, this is not a startup. It is a running operation with infrastructure, clientele, and cash flow from day one. The space is purpose-built for collaboration and hospitality. Features include two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and expansive open-concept areas suited to events, wellness, professional services, or creative industries. Mainstreet zoning supports retail, restaurant, medical, office, and institutional uses. Steps from Dow's Lake, the Civic Hospital, and the luxury condominium developments reshaping this corridor, the location is only gaining momentum. Specialized commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified buyers. Buyer to verify all measurements and permitted uses.

Property Highlights

For Sale
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    MLS NO.

    X13444616

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    Type

    Commercial

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    Sub Type

    Sale Of Business

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    Square Footage

    4348.0 sqft

Complete Property Details

Property Type Commercial
Sub Type Sale Of Business
Transaction Type For Sale
Status Active
Contract Status Available
MLS® Number X13444616
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 Close proximity to the intersection of Carling Avenue and Preston Street.
Directions Close proximity to the intersection of Carling Avenue and Preston Street.
Country CA
List Price $2,650,000
Annual Taxes $31,401
Tax Year 2026
Possession Type Flexible
Possession Details TBD
Listing Office SUTTON GROUP - OTTAWA REALTY
Board Ottawa Real Estate Board
Original Entry 2026-06-15T14:10:23Z
Media Updated 2026-06-15T14:10:23Z
Photos Updated 2026-06-15T14:10:23Z
Last Modified 2026-06-15T14:10:23Z
System Modified 2026-07-06T21:35:15.344991Z
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+Tenant
Originating System Id A00001796
Parcel Number 041040015
Parking Spaces 0
Public Remarks A rare going-concern opportunity in one of Ottawa's most recognizable buildings. This landmark 1983 church conversion at 499 Preston Street sits at the heart of Little Italy and the Dow's Lake entertainment corridor, one of the city's most trafficked and culturally vibrant stretches. The property spans approximately 4,348 square feet on a 50 x 76-foot lot with Mainstreet (TM) zoning and offers the kind of visibility that most commercial operators spend years trying to earn. What makes this exceptional is what comes with the building. The business is established, operational, and generating revenue with an active client base and multi-year contracts already in place. The books are open for qualified buyers to review, and current ownership is committed to a proper transition. Run it as is, scale it, or bring your own vision entirely. For the right entrepreneur, this is not a startup. It is a running operation with infrastructure, clientele, and cash flow from day one. The space is purpose-built for collaboration and hospitality. Features include two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and expansive open-concept areas suited to events, wellness, professional services, or creative industries. Mainstreet zoning supports retail, restaurant, medical, office, and institutional uses. Steps from Dow's Lake, the Civic Hospital, and the luxury condominium developments reshaping this corridor, the location is only gaining momentum. Specialized commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified buyers. 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