Ottawa, ON K1R5J7,495 SOMERSET STREET W
Ottawa, ON K1R5J7,495 SOMERSET STREET W
Ottawa, ON K1R5J7,495 SOMERSET STREET W
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Clint Nogier

Clint Nogier

Exp Realty - Calgary

+1(825) 445-4403
$850,000
Est. payment /mo
2,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $425

Subdivision 4102 - Ottawa Centre

MLS® Listing ID X11915584

Originating Board Ottawa Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No


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Listed by ROYAL LEPAGE PERFORMANCE REALTY

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agent

Clint Nogier

+1(825) 445-4403

Agent | License ID: 493930

Agent License ID: 493930

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