$100,000
FOR SALE

Business for Sale

Restaurant

Lot: 36.68 x 64.99 ft
2025 Taxes: $13,200

121 Preston St
West Centre Town, ON K1R 7P3 | 4205 - West Centre Town | Ottawa

Rent just $2650/month, downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant locates in an excellent place in Ottawa's Little Italy, close to Chinatown, within Ottawa's renowned Asian and Italy dining district. It enjoys a steady flow of customers, offers free parking, and has convenient evening and weekend parking spots. In every summer, during the Italian Food Festival, stalls can be set up on the roadside in front of the restaurant to sell food. Additionally, there is a patio outside of the restaurant. The planned newly built Ottawa Senators stadium just nearby walking distance is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use(including value $50000 range hood). The restaurant has received high ratings on Google and has been featured in media outlets such as the Ottawa Citizen and CTV. This is an excellent opportunity to own a well-known restaurant(you can use your brand and food style) in the heart of Ottawa's vibrant dining district, with lowest rent and a large of fixed takeout customers. It is wonderful chance for long time investment( First lease can be five years then extension every five years with competitive rent).
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Listed By COLDWELL BANKER FIRST OTTAWA REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12934682
Last Updated Mar 30, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
PIN 041080015
Taxes (2025) $13,200
Directions/Cross Streets Somerset and Preston
Neighbourhood 4205 - West Centre Town
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Bathrooms 2
Lot 36.68 x 64.99 ft
Air Conditioning Yes
Basement Basement
Chattels Y
Garage Type Reserved/Assignd
Heat Type Electric Forced Air

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