495 Somerset Street W, Ottawa, Ontario K1R 5J7

Listed for:
$850,000
0 beds
0 baths
Listed 83 days ago
495 Somerset Street W, Ottawa, Ontario K1R 5J7

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Learn more about this property
Listing provided by:
ROYAL LEPAGE PERFORMANCE REALTY
MLS® number:
X11915584
Agent:
Dong Donna Sun
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About

Somerset/Lyon 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:27476)

Property Highlights

MLS® Number
X11915584
Type
Retail
Community Name
4102 - Ottawa Centre
Land Size
Bldg=32.4 x 65.2 FT

Building

Square Footage
2000 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location