32
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$949,000
Est. payment /mo
1,000 SqFt
New
820 Somerset ST W West Centre Town, ON K1R 6R5
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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
Lot Frontage 20.17
Lot Depth 90.07
Others
Security Features Partial
ParcelsYN No
Listed by ROYAL LEPAGE INTEGRITY REALTY
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