Ottawa, ON K1R5J7 495 SOMERSET STREET W
$849,000
11 more
Presented By: ROYAL LEPAGE PERFORMANCE REALTY
Home Details
Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.55% or higher, determined by the current listing price. 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:7434)
Presented By: ROYAL LEPAGE PERFORMANCE REALTY
Interior Features for 495 SOMERSET STREET W
Other Interior Features
Building Fireplace PresentFalse
General for 495 SOMERSET STREET W
NeighbourhoodCentretown
Ownership TypeFreehold
Parking Space Total3
Property TypeRetail
Zoning DescriptionTM
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty