$949,000
Available - For Sale
Listing ID: X12480805
820 Somerset Street West , West Centre Town, K1R 6R5, Ottawa
| 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! |
| Price | $949,000 |
| Minimum Rental Term: | 36 |
| Taxes: | $9042.00 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 820 Somerset Street West , West Centre Town, K1R 6R5, Ottawa |
| Postal Code: | K1R 6R5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Somerset St W and Booth St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 1000.00 |
| Total Area Code: | Sq Ft Divisible |
| Retail Area Code: | Sq Ft Divisible |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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| ROYAL LEPAGE INTEGRITY REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | West Centre Town |
| Neighbourhood: | 4205 - West Centre Town |
| Tax: | $9,042 |
| Fireplace: | N |
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