495 Somerset Street W, Ottawa, Ontario

$850,000

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2,000

Square feet

About 495 Somerset Street W

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:36535)

Features of 495 Somerset Street W

Listing # X11915584
Price $850,000
Bathrooms 0.00
Square Footage 2,000
Acres 0.00
Type Retail

Community Information

Address 495 Somerset Street W
Subdivision 4102 - Ottawa Centre
City Ottawa
Province Ontario
Postal Code K1R5J7

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=32.4 x 65.2 FT

Listing Details

OfficeCourtesy Of DONG DONNA SUN and YONG LI Of ROYAL LEPAGE PERFORMANCE REALTY

Listing Map