West Centre Town, ON K1R 6R5,820 Somerset ST W
West Centre Town, ON K1R 6R5,820 Somerset ST W
West Centre Town, ON K1R 6R5,820 Somerset ST W
West Centre Town, ON K1R 6R5,820 Somerset ST W
West Centre Town, ON K1R 6R5,820 Somerset ST W
West Centre Town, ON K1R 6R5,820 Somerset ST W
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$ 949,000
Est. payment | /mo

$ 949,000
Est. payment | /mo

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

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

Virtual Tour https://youtube.com/shorts/d9o-mZAh2jM?si=S43x1yegF-WA0A5N

Listed by ROYAL LEPAGE INTEGRITY REALTY
Manasseh Edward-Etafo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(905) 391-4021

info@manassehhomes.ca

314 Harwood Ave S, Ajax, ON, L1S 2J1, CAN

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820 Somerset ST W