121 Preston Street

West Centre Town, ON

2 bath
1,907 sqft
Sale Of Business
288 days on market

$145,000

Authentic Thai Restaurant Charm Thai Cuisine is now available for sale! This is a fantastic business opportunity. The restaurant boasts an excellent location in Ottawa's Little Italy, close to Chinatown, within Ottawa's renowned Asian and Italy dining district. It enjoys a steady flow of customers, offers free parking, and has convenient evening and weekend parking. In every summer, during the Italian Food Festival, stalls can be set up on the roadside in front of the restaurant to sell food. Additionally, the newly built hockey ice rink nearby is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use. The restaurant has received high ratings on Google and has been featured in media outlets such as the Ottawa Citizen and CTV. This is an excellent opportunity to own a well-known restaurant in the heart of Ottawa's vibrant dining district, offered at an attractive price for a quick sale. Serious inquiries are welcome.

Listing Details

Taxes (2025): $13,200
Listed: November 23, 2025

Price History

Listing history

Property

Lot Size: 36.68 x 64.99 Feet

Parking

Garage: Reserved/Assignd

Location & Legal

Cross Street: Somerset and Preston
Zoning: Commercial
Parcel Number: 041080015
Possession: Immediate
Occupancy: Tenant

Commercial

Business Type: Restaurant

Included

Inclusions: All kitchen utensils, furnitures, electrical appliances and inventories. as well as brand.
Exclusions: No
Rental Items: No

Community

Postal area K1R

Population: 20,343
Private dwellings: 12,836
Median age: 36
Average household size: 1.7
Median household income: $74,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in West Centre Town · last 12 months

Median sold price: $671,000
Homes sold: 175
Median days on market: 20
Sale-to-list price: 98.1%

Based on 175 recorded sales of commercial properties in West Centre Town over the last 12 months.

Listed by

COLDWELL BANKER FIRST OTTAWA REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 1,907 sq ft
Price per sq ft: $76.04
Annual property tax: $13,200
Tax per sq ft: $6.92

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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