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356 PRESTON Street, Ottawa, ON, K1S 4M6

MLS® # 1411518
Commercial For Sale In West Centertown, Ottawa, Ontario
$999,000
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
356 Preston Street, Ottawa, ON
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ACTIVE
356 PRESTON Street, Ottawa, ON, K1S 4M6
$999,000

Property Information:

Set in the charming and growing neighborhood of Little Italy, La Favorita invites you to own this renowned rustic restaurant. Fully equipped with top-of-the-line appliances, a wood oven fireplace, and seating for up to 140 guests, this fully operational business has been a community staple for over 30 years. Boasting patio and liquor licenses, La Favorita is strategically located between residential and commercial areas, making it a thriving establishment in a prime location serving a high-end Italian menu. The restaurant features multiple seating areas, including an upstairs level for 30, a main dining room for 60, a front room for 40, and an outdoor patio for warmer months, plus catering and takeout. With nearly 1200 Google reviews, this fine dining restaurant speaks for itself. Contact us to learn more to make it yours. The restaurant owner is retiring. Lease terms are easily negotiable. Please note that showings are preferred before the business opens.

Property Features:

  • Fee Includes: Building Insurance, General Maintenance and Repair
  • Lot Depth: 29.87
  • Zoning: TM[78]H(15)

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 356 PRESTON Street, Ottawa, ON, K1S 4M6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 356 PRESTON Street , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.3℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 356 PRESTON Street , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past
317.1mm
2050
405.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 356 PRESTON Street, Ottawa, ON, K1S 4M6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$118,838.86

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.15 %

High school certificate or equivalent

20.87 %

Apprenticeship trade certificate/diploma

3.47 %

College/non-university certificate

13.32 %

University certificate (below bachelor)

0.99 %

University Degree

44.21 %

Commuter

Travel To Work

By Car

51.59 %

By Public Transit

16.0 %

By Walking

22.58 %

By Bicycle

3.04 %

By Other Methods

6.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.54 %

Houses

40.46 %

Own Vs. Rent