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356 Preston Street Ottawa, Ontario K1S 4M6

$999,000

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. (id:50886)

Business

BusinessType Restaurant
BusinessSubType Restaurant

Property Details

MLS® Number 1411518
Property Type Business
Neigbourhood Little Italy

Building

Land

Acreage No
SizeDepth 98 Ft
SizeIrregular * Ft X 98 Ft
SizeTotalText * Ft X 98 Ft
ZoningDescription Tm[78]h(15)

https://www.realtor.ca/real-estate/27545847/356-preston-street-ottawa-little-italy

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Tara Hanif
Salesperson


Royal LePage Team Realty
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8

Wadah Al-Ghosen
Broker


Royal LePage Team Realty
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8

Alie Mansour
Salesperson


Royal LePage Team Realty
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8

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