Map of Property

356 Preston Street

For Sale

356 Preston Street, Ottawa, ON J3V 5J5

This Ottawa property for sale is located at 356 Preston Street. The current listed sale price for 356 Preston Street is $2,599,000. 356 Preston Street is situated on a lot that is 3,266 acre in size.

Contacts

Gary Shaker

Shaker Realty

Adam Shaker

Shaker Realty

Property Details

  • Property Type Retail - Restaurant
  • Property Size 2,800 SF
  • Lot Size 3,266 Acre
  • # of Floors 2
  • Year Renovated 2015
  • Date Updated Apr 20, 2026

Realty Taxes: $23,091.43 (2025)

Exceptional Opportunity to own a single use building in a PRIME location in the Heart of Little Italy!!! Occupied by the established and successful La Favorita Restaurant. Building is for sale for owner occupier (with 6-12 months notice) OR a new net lease back option providing a great income/stability for a new building investor. Building has even completely renovated over the past 15 years. Large outdoor patio on the property. 2800 sq ft of interior space including useable mezzanine plus small office/apartment on 2nd floor. High Ceilings provide an impressive "wow factor" as you walk into the space. Located across from the largest office/retail/residential complex on Preston Street - Preston Square. The area is experiencing vast growth and development with many new high rise condo/apartments, the future Ottawa Hospital Campus at Preston & Carling and future home of the Ottawa Senators New NHL Arena at Lebreton Flats.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 96/100

    Walk Score ®

  • 69/100

    Transit Score ®

  • 100/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ottawa, ON
  • Neighborhood Centretown West
  • Postal Code J3V 5J5

Points of Interest

  • Corso Italia

    0.26 miles

  • Pimisi

    0.85 miles

  • Queen Street, Lyon Street

    1.21 miles

  • Tunney's Pasture

    1.22 miles

  • Lyon

    1.24 miles

  • Queen Street, Place de Ville

    1.27 miles

  • blueline taxi

    1.38 miles

  • Parliament

    1.48 miles

  • Sussex Drive, Rideau Street

    1.86 miles

  • Rideau Centre

    1.88 miles

  • Drummond's Gas

    0.48 miles

  • Petro-Canada

    0.52 miles

  • Circuit électrique

    0.72 miles

  • MacEwen

    1.04 miles

  • Esso

    1.08 miles

  • FLO

    1.49 miles

  • Shell

    1.79 miles

  • Circle K

    2.02 miles

  • ChargePoint

    2.30 miles

  • SWTCH

    3.98 miles

  • Impark

    0.24 miles

  • City Centre Parking

    0.65 miles

  • City of Ottawa Somerset and Cambridge Parking Lot

    0.72 miles

  • P-1

    0.85 miles

  • Kelly

    0.86 miles

  • P7

    0.97 miles

  • P6

    1.01 miles

  • Lot 8

    1.03 miles

  • Sultan Ahmet Turkish Cuisine Parking

    1.05 miles

  • La Favorita

    0.00 miles

  • Sí Señor Mexican Street Food

    0.01 miles

  • Giovanni

    0.01 miles

  • Kiko Sushi Bar

    0.03 miles

  • Roberto Pizza

    0.05 miles

  • Persis Grill

    0.06 miles

  • Posto Locale

    0.06 miles

  • Kuidaore Izakaya

    0.09 miles

  • Festival of India

    0.10 miles

  • The Prescott

    0.10 miles

  • Zero Waste grocery store

    0.61 miles

  • Kowloon

    0.64 miles

  • Margo Fresh

    0.73 miles

  • Giant Tiger

    0.74 miles

  • Metro

    1.05 miles

  • Your Independent Grocer

    1.15 miles

  • Whole Foods Market

    1.22 miles

  • Winners

    1.24 miles

  • Loblaws

    1.35 miles

  • 240 Sparks

    1.37 miles

Contact 356 Preston Street
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.