$ 999,000
820 Somerset ST W Ottawa, ON K1R 6R5
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$ 999,000
Est. payment | /mo
1,808 SqFt
$ 999,000
Est. payment | /mo
1,808 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,808 sqft
Price per Sqft $552
MLS Listing ID X7307494
Annual Tax Amount $11,213
Tax Year 2023
Property Description
Outstanding investment opportunity in Ottawa downtown with Restaurant, apartment, Basement car parking's and 3 washrooms, featuring a second-level, fully furnished two-bedroom apartment currently operating as a successful short-term rental. The main level boasts a fully equipped and well-appointed 1000 SFT. restaurant, with the added potential of utilizing the basement for storage purposes. The restaurant includes a charming patio area on the porch, and the existing liquor license is transferable. Benefit from two convenient on-site parking spaces and excellent visibility due to high pedestrian traffic. The option to acquire the building along with the existing restaurant equipment is available. Moreover, consider the versatility of converting the restaurant into various businesses and transforming the apartment unit into desirable long-term rentals. We did not edit or make fancy pictures. As it is we post the pictures.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Yes
Parking Type None
Others
Security Features Yes
Listed by ROYAL LEPAGE GRAND REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "