Ottawa, ON K1R5J7 495 SOMERSET STREET W

$850,000

495 SOMERSET STREET W Ottawa, ON - Image 1495 SOMERSET STREET W Ottawa, ON - Image 2495 SOMERSET STREET W Ottawa, ON - Image 3
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Presented By: ROYAL LEPAGE PERFORMANCE REALTY
  • MLS# X11915584
  • 01/09/2025
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  • SQFT • 2,000

Home Details

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:7434)
Presented By: ROYAL LEPAGE PERFORMANCE REALTY

Interior Features for 495 SOMERSET STREET W

Other Interior Features

Building Fireplace PresentFalse
Building Heating TypeOther

General for 495 SOMERSET STREET W

Building Cooling TypeFully air conditioned
CommunityName4102 - Ottawa Centre
Location DescriptionSomerset/Lyon
Property TypeRetail
Zoning DescriptionTM

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $850,000
MLS#X11915584
List Date 01/09/2025
Property Type Commercial
Phone 403.608.2191
Request Tour
Request Info
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