Active
495 SOMERSET STREET W
Ottawa Ontario, K1R5J7
C$850,000
C$425.00 per sqft
Active
2,000 sqft
Commercial
Courtesy of ROYAL LEPAGE PERFORMANCE REALTY
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:41202)
X11915584
MLSⓇ ID
January 15, 2025
Updated
Map
495 SOMERSET STREET W
Ottawa Ontario, K1R5J7
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Fully air conditioned
Heating
Yes
Heating Description
Other
Exterior/Building Features
Other Property Details
Garage
No
View
No
Water Source
Municipal water
Pool
No
Courtesy of ROYAL LEPAGE PERFORMANCE REALTY
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