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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