
List Price: $850,000
495 Somerset Street, Ottawa Centre, K1R 5J7
- By ROYAL LEPAGE PERFORMANCE REALTY
Commercial Retail|MLS - #X11915584|New
Bed
Bath
2000 Sqft.
Lane Garage
Client Remarks
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.
Property Description
495 Somerset Street, Ottawa Centre, K1R 5J7
Property type
Commercial Retail
Lot size
N/A acres
Style
Approx. Area
2000 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
2000
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 495 Somerset Street

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