820 SOMERSET STREET W, Ottawa, Ontario, CA

Address: 820 SOMERSET STREET W, Ottawa, Ontario

0 Beds0 Baths1000 sqftStatus: Buy
Price $925,000

Property Overview


Outstanding mixed-use investment opportunity in the heart of downtown Ottawa! This charming two-storey property features a licensed, fully equipped 1000 sq. ft. restaurant on the main level, complete with a commercial kitchen, three washrooms, and a welcoming patio space perfect for guests. The existing liquor license is transferable, and restaurant equipment is included - offering a turnkey solution for food entrepreneurs or investors. Above, a fully furnished two-bedroom apartment currently operates as a successful short-term rental, presenting immediate income potential. The basement is partially finished with a full washroom and offers excellent storage or additional development opportunities. Benefit from TWO private parking spaces, high pedestrian exposure, and direct access to public transit. Zoned for mixed commercial and residential use, this versatile property is ideal for owner-occupiers, restaurateurs, investors, or those seeking a live/work setup. Whether you're looking to continue with short-term rentals, convert to long-term tenants, or reimagine the space for a new business concept - the possibilities are endless! Don't miss your chance to own a centrally located, income-generating gem in vibrant Chinatown! (id:51532)

 

Tags




Property Summary
Property Type
Retail
Square Footage
1000 sqft
Community Name
4205 - West Centre Town
Land Size
20.17 x 90.07 FT
Building
Building Features
Square Footage
1000 sqft
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
TM(112)H(16)
Features
           Partially air conditioned
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Your Home Finance Calculation

Property Price CA $925,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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