$1,250,000
Available - For Sale
Listing ID: X13220762
266 Preston Street North , West Centre Town, K1R 7R5, Ottawa
| Turnkey Restaurant & Building for Sale - Prime Ottawa Growth Corridor. Exceptional opportunity to acquire both a long-established restaurant business and the commercial building in one of Ottawa's most rapidly evolving neighborhoods. Kochu Restaurant is a successful, turnkey operation offering 16 seats, a clean and efficient commercial kitchen, professional hood fan system, and a well-maintained dining area. The property underwent a substantial two-story addition in 2013, with many fixtures, equipment, and building components updated at that time. The upper-level apartment provides additional income potential of approximately $2,000 per month, while rear parking offers added convenience. Ideally positioned just steps from the LRT station, near the new Civic Hospital campus currently under development, and close to the proposed future stadium district, this property stands to benefit from significant long-term growth, increased traffic, and ongoing neighborhood investment. Property Features: Building and established restaurant business included. Rear parking. Excellent building condition. High-growth location near major infrastructure projects. An ideal opportunity for owner-operators, investors, or those seeking a strategic holding in a rapidly appreciating area with future redevelopment potential. |
| Price | $1,250,000 |
| Taxes: | $11809.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 266 Preston Street North , West Centre Town, K1R 7R5, Ottawa |
| Postal Code: | K1R 7R5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Preston and Gladstone |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 1650.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 51-99 |
| Business/Building Name: | KOCHU INC. |
| Days Open: | O |
| Hours Open: | Sat/Sun |
| Employees #: | 6 |
| Seats: | 16 |
| Sprinklers: | No |
| Washrooms: | 4 |
| Outside Storage: | F |
| Soil Test: | No |
| Clear Height Feet: | 6 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE INTEGRITY REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | West Centre Town |
| Neighbourhood: | 4205 - West Centre Town |
| Approximate Age: | 51-99 |
| Tax: | $11,809 |
| Baths: | 4 |
| Fireplace: | N |
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