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495 SOMERSET STREET W
4102 - Ottawa Centre Ottawa K1R 5J7

$850,000
Retail

Main Photo: 495 SOMERSET STREET W, Ottawa
Photo 1: 495 SOMERSET STREET W, Ottawa
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Status:
Active
Prop. Type:
Retail
MLS® Num:
X11915584
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:2493)
Property Type:
Retail
Total Living Area:
2,000 sq. ft.
Total Building Area:
2,000 sq. ft.
Zoning:
TM
Taxes:
$20,500 / -
Community:
4102 - Ottawa Centre
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Other
Water:
Municipal water
Lot Details:
Bldg=32.4 x 65.2 FT
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Listed by ROYAL LEPAGE PERFORMANCE REALTY
Data was last updated January 14, 2025 at 09:45 AM (UTC)
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