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827 SOMERSET STREET W

Ottawa, Ontario, K1R6R4

$1,490,000
For Sale · Business · MLS® X13111302
Business
Type
3500
Sq Ft

About this property

Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting. (id:66947)

Property details

Property

Property Type
Business
Property Subtype
Business
Square Footage
3500
Lot Dimensions
Bldg=33 x 99 FT ; 0

Interior

Heating
Baseboard heaters, Forced air, Natural gas
Cooling
Fully air conditioned

Utilities

Water
Municipal water

Financial

Property Taxes
17698

Location

City
Ottawa
Postal Code
K1R6R4

Location

Mortgage calculator
Estimated monthly
$6,823

Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.

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