Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

827 Somerset Street W Ottawa, Ontario K1R 6R4

3,500 sqft
Fully Air Conditioned Forced Air, Baseboard Heaters

$1,450,000

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:67947)

Property Details

MLS® Number X13862096
Property Type Retail
Neigbourhood Centretown West
Community Name 4204 - West Centre Town

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air, Baseboard Heaters
Size Exterior 3500 Sqft
Size Interior 3,500 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Depth 99 Ft
Size Frontage 33 Ft
Size Irregular Bldg=33 X 99 Ft ; 0
Size Total Text Bldg=33 X 99 Ft ; 0
Zoning Description Tm[112] H(16)

https://www.realtor.ca/real-estate/30364593/827-somerset-street-w-ottawa-4204-west-centre-town

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Raymond Chin, Coldwell Banker First Ottawa Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.