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625 SOMERSET STREET W

Ottawa, Ontario, K1R5K3

$120,000
For Sale · Business · MLS® X13248460
8
Parking
Business
Type

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

Mortgage calculator
Estimated monthly
$550

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

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