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185 Preston Street

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  • 1,500 - 2,000 ft2
  • Central Air Conditioning
  • Forced Air

$789,900

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) (id:50982)

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Details

Property Details
MLS® Number X13477190
Property Type Multi-family
Neigbourhood Centretown West
Community Name 4205 - West Centre Town
Parking Space Total 2
Building
Basement Development Other, See Remarks
Basement Type N/a (other, See Remarks)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Brick Facing
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Triplex
Utility Water Municipal Water
Parking
No Garage
Land
Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 24 Ft
Size Irregular 24 X 100 Ft
Size Total Text 24 X 100 Ft

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