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495 Somerset Street W Ottawa, Ontario K1R 5J7

$999,000

Turn-key investment opportunity. Stable and attractive yearly return for your money(Cap rate 4.7% plus). Great centre town location. This building has been a tastefully decorated bar/ restaurant for almost 40 years. 9 Feet ceiling. Features dining rooms on both levels and a bar lounge. Walk-in cooler in lower level. The excellent tenant has been operating the restaurant for more than 10 years. Just started a new 5-year lease in Oct 2020. TM Zoning. Add this building to your long-term investment portfolio! (id:20425)

Property Details

MLS® Number 1241673
Property Type Retail
Neigbourhood Centretown

Building

Fireplace Present No

Land

Acreage No
Size Depth 65 Ft ,2 In
Size Frontage 32 Ft ,5 In
Size Irregular 32.4 Ft X 65.2 Ft
Size Total Text 32.4 Ft X 65.2 Ft
Zoning Description Tm

https://www.realtor.ca/real-estate/23197181/495-somerset-street-w-ottawa-centretown

Interested?

Contact us for more information


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Dong Donna Sun
Broker

(613) 266-1352
www.donnasunhomes.com

Royal LePage Performance Realty
#201-1500 Bank Street
Ottawa, ON K1H 7Z2

(613) 733-9100
(613) 733-1450

Yong Li
Salesperson


Royal LePage Performance Realty
#201-1500 Bank Street
Ottawa, ON K1H 7Z2

(613) 733-9100
(613) 733-1450

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