Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
Retail For Sale 495 Somerset Street W, Ottawa, Ontario
16

Retail For Sale Active $849,000 495 SOMERSET STREET W, ottawa, Ontario

MLS#: 1388646

ROYAL LEPAGE PERFORMANCE REALTY
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Summary
Status
Active

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Address
495 SOMERSET STREET W, ottawa, Ontario
Size
2000 sqft
Listing Type
For sale
Property Type
Retail
Commercial Type
n/a

Photos

16

Description

Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.55% or higher, determined by the current listing price. 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:15472)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City ottawa
Province Ontario
PostalCode K1R5J7
Country Canada
Neighbourhood Centretown
Street Address 495 SOMERSET STREET W
Property TypeRetail
Transaction TypeFor sale
Ownership TypeFreehold
MLS #1388646
Size Frontage32 ft ,5 in
AcreageNo
Size Depth65 ft ,2 in
Size Irregular32.4 ft X 65.2 ft
Zoning DescriptionTM
Property TypeRetail
Size Interior 2000 sqft
Parking Space Total 3
Fireplace Present False
Price 849000.00
Listing Contract Date 2024-05-13
Lease 0.00
%

Specialists

Olga Tarasenko

B.Ling (BACHELOR OF LINGUISTICS), DIBM

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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