REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 789,900
Est. payment /mo
Active
185 Preston ST West Centre Town, ON K1R 7P8
2,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $292
Subdivision 4205 - West Centre Town
MLS Listing ID X13482170
Annual Tax Amount $4,614
Tax Year 2025
Property Sub-Type Investment
Property Description
Prime redevelopment and value-add opportunity in the heart of Ottawa's Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa's most established urban corridors, minutes from Dow's Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment)
Location
State ON
County Ottawa
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 24.0
Lot Depth 100.0
Others
ParcelsYN No
Listed by RIGHT AT HOME REALTY