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827 Somerset Street W Ottawa, Ontario K1R 6R4

3500 sqft
Fully Air Conditioned Forced Air, Baseboard Heaters

$1,490,000

Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting. (id:59524)

Property Details

MLS® Number X13111330
Property Type Retail
Neigbourhood Centretown West
Community Name 4204 - West Centre Town

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air, Baseboard Heaters
SizeExterior 3500 Sqft
SizeInterior 3500 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 99 Ft
SizeFrontage 33 Ft
SizeIrregular Bldg=33 X 99 Ft ; 0
SizeTotalText Bldg=33 X 99 Ft ; 0
ZoningDescription Tm[112] H(16)

https://www.realtor.ca/real-estate/29732330/827-somerset-street-w-ottawa-4204-west-centre-town

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