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$925,000
Available - For Sale
Listing ID: X12480805
Outstanding mixed-use investment opportunity in the heart of downtown Ottawa! This charming two-storey property features a licensed, fully equipped 1000 sq. ft. restaurant on the main level, complete with a commercial kitchen, three washrooms, and a welcoming patio space perfect for guests. The existing liquor license is transferable, and restaurant equipment is included - offering a turnkey solution for food entrepreneurs or investors. Above, a fully furnished two-bedroom apartment currently operates as a successful short-term rental, presenting immediate income potential. The basement is partially finished with a full washroom and offers excellent storage or additional development opportunities. Benefit from TWO private parking spaces, high pedestrian exposure, and direct access to public transit. Zoned for mixed commercial and residential use, this versatile property is ideal for owner-occupiers, restaurateurs, investors, or those seeking a live/work setup. Whether you're looking to continue with short-term rentals, convert to long-term tenants, or reimagine the space for a new business concept - the possibilities are endless! Don't miss your chance to own a centrally located, income-generating gem in vibrant Chinatown!
Price $925,000
Minimum Rental Term: 36
Taxes: $9,042
Tax Type: Annual
Occupancy by: Vacant
Address: 820 Somerset Street West , West Centre Town, K1R 6R5, Ottawa
Postal Code: K1R 6R5
Province/State: Ottawa
Directions/Cross Streets: Somerset St W and Booth St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Category: Retail
Building Percentage: T
Total Area: 1,000
Total Area Code:  Sq Ft Divisible
Retail Area Code: Sq Ft Divisible
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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ROYAL LEPAGE INTEGRITY REALTY

820 Somerset Street West , West Centre Town, K1R 6R5, Ottawa

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Maria Tompson
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Fax:
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At a Glance:
Type: Com - Commercial Retail
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style:
Lot Size: x 90.07(Feet)
Approximate Age:
Tax: $9,042
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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