495 Somerset Street W Ottawa, Ontario K1R 5J7

2,000 ft2
Fully Air Conditioned Other

$850,000

Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.6% or higher. Prime downtown location. This property has served as a well-appointed bar/restaurant establishment for nearly four decades. Boasting 9-foot ceilings, it includes dining areas on multiple floors and a stylish bar lounge. The lower level is equipped with a walk-in cooler. A dependable tenant with over a decade of experience in running the restaurant occupies the premises. Zoned TM. A valuable addition to your enduring investment portfolio. (id:49993)

Property Details

MLS® Number X11915584
Property Type Retail
Community Name 4102 - Ottawa Centre

Building

Cooling Type Fully Air Conditioned
Heating Type Other
Size Exterior 2000 Sqft
Size Interior 2,000 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 65 Ft ,2 In
Size Frontage 32 Ft ,4 In
Size Irregular Bldg=32.4 X 65.2 Ft
Size Total Text Bldg=32.4 X 65.2 Ft
Zoning Description Tm

https://www.realtor.ca/real-estate/27784579/495-somerset-street-w-ottawa-4102-ottawa-centre


DONG DONNA SUN
Broker

(613) 266-1352
www.donnasunhomes.com/
ROYAL LEPAGE PERFORMANCE REALTY
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2

(613) 733-9100
(613) 733-1450

YONG LI
Salesperson

(819) 360-9758
ROYAL LEPAGE PERFORMANCE REALTY
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2

(613) 733-9100
(613) 733-1450

Contact Us

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found

 

Contact Antonella

Call or Text

613-769-1516
Text is preferred - we text back quickly!

Contact Sue

Call or Text

613-795-6801
Text is preferred - we text back quickly!