820 Somerset ST W new

West Centre Town,ON K1R 6R5

$ 949000

- Bed

- Bath

1000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $949

Subdivision 4205 - West Centre Town

MLS Listing ID X12480805

Annual Tax Amount $9,042

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

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!

Location

Province ON

County Ottawa

Community 4205 - West Centre Town

Area Ottawa

Interior

Cooling Partial

Exterior

Utilities Available Yes

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