For Sale625 SOMERSET STREET W
Ottawa, Ontario, K1R5K3
About this property
Exceptional restaurant opportunity in the heart of Ottawa's vibrant Chinatown! This well-established business, Jadeland, is now available for sale (Business Only), offering a seamless transition for the next owner into one of the city's most iconic commercial corridors. The current owner has operated here for a remarkable 29 years! The unit features a functional layout with around 900 sq. ft. of dining space accommodating 11 tables and seating for 50-60 customers, complemented by an expansive 600 sq. ft. professional kitchen designed for high-volume service. Additionally, a basement provides ample storage space. The listing price includes all existing equipment, ensuring a truly turn-key operation from day one. Situated in a prime location with heavy pedestrian and vehicular traffic, this property enjoys unparalleled exposure and is steps away from diverse shops, residential hubs, and the LRT. 8 parking spaces available! Financial statements are available for qualified buyers upon request. Whether you choose to maintain the successful Jadeland legacy or introduce a fresh new culinary concept, this is a rare chance to secure a prominent foothold in a high-demand neighborhood. (id:66947)
Property details
Property
- Property Type
- Business
- Property Subtype
- Business
- Lot Dimensions
- Bldg=33.5 x 112.48 FT
- Business Type
- Restaurant
Interior
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
Exterior
- Parking
- 8 spaces
Utilities
- Water
- Municipal water
Financial
- Tax Year
- 2025
Location
- City
- Ottawa
- Postal Code
- K1R5K3
Location
Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.
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