A rare going-concern opportunity in one of Ottawa's most recognizable buildings. This landmark 1983 church conversion at 499 Preston Street sits at the heart of Little Italy and the Dow's Lake entertainment corridor, one of the city's most trafficked and culturally vibrant stretches. The property spans approximately 4,348 square feet on a 50 x 76-foot lot with Mainstreet (TM) zoning and offers the kind of visibility that most commercial operators spend years trying to earn. What makes this exceptional is what comes with the building. The business is established, operational, and generating revenue with an active client base and multi-year contracts already in place. The books are open for qualified buyers to review, and current ownership is committed to a proper transition. Run it as is, scale it, or bring your own vision entirely. For the right entrepreneur, this is not a startup. It is a running operation with infrastructure, clientele, and cash flow from day one. The space is purpose-built for collaboration and hospitality. Features include two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and expansive open-concept areas suited to events, wellness, professional services, or creative industries. Mainstreet zoning supports retail, restaurant, medical, office, and institutional uses. Steps from Dow's Lake, the Civic Hospital, and the luxury condominium developments reshaping this corridor, the location is only gaining momentum. Specialized commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified buyers. (id:67947)
| Name | Collaburo Coworking & Event Space |
| MLS® Number | X13444616 |
| Property Type | Business |
| Neigbourhood | Little Italy |
| Community Name | 4502 - West Centre Town |
| Farm Type | Other |
| Features | Elevator |
| Age | 31 To 50 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 4348 Sqft |
| Size Interior | 4,348 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 76 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | Bldg=50 X 76 Ft |
| Size Total Text | Bldg=50 X 76 Ft |
| Zoning Description | Am - Art. Mainstreet |
https://www.realtor.ca/real-estate/29903558/499-preston-street-ottawa-4502-west-centre-town
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Nicolas SigounisREALTOR® · EXIT Realty Matrix, BrokerageBook a private showing or ask anything about this home. Nicolas will get back to you quickly.
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