Jag Patel
Broker
$1,490,000
Available - For Sale
Listing ID: X13111302
827 SOMERSET Street West , West Centre Town, K1R 6R4, Ottawa
| 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. |
| Price | $1,490,000 |
| Taxes: | $17698.00 |
| Tax Type: | N/A |
| Occupancy: | Tenant |
| Address: | 827 SOMERSET Street West , West Centre Town, K1R 6R4, Ottawa |
| Postal Code: | K1R 6R4 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 87, PL 13 , AS IN N339725 ; OTTAWA |
| Lot Size: | 18.39 x 99.00 (Feet) |
| Directions/Cross Streets: | North-East corner of Somerset St. W. and Rochester 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 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 3500.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Franchise: | F |
| Sprinklers: | No, |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| COLDWELL BANKER FIRST OTTAWA REALTY |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | West Centre Town |
| Neighbourhood: | 4204 - West Centre Town |
| Lot Size: | 18.39 x 99.00(Feet) |
| Tax: | $17,698 |
| Fireplace: | N |
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