495 Somerset Street W, Ottawa Centre, ON K1R 5J7 – Ottawa Centre – $850,000
For Sale
495 Somerset Street W, Ottawa Centre, ON K1R 5J7 – Ottawa Centre – $850,000
495,, Somerset Street, Ottawa Centre, Ottawa Region, Ontario, K1R 5J7, Canada
Description
1/19
Description
Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.6% or higher. Prime downtown location. This property has served as a well-appointed bar/restaurant establishment for nearly four decades. Boasting 9-foot ceilings, it includes dining areas on multiple floors and a stylish bar lounge. The lower level is equipped with a walk-in cooler. A dependable tenant with over a decade of experience in running the restaurant occupies the premises. Zoned TM. A valuable addition to your enduring investment portfolio.
Property Details
- Property Type: Commercial
- List Price: $850,000
- Tax Year: 2024
- Annual Taxes: $20,500
Address
Open on Google Maps- Address 495 Somerset Street W, Ottawa Centre, ON K1R 5J7
- City Ottawa Centre
- State/county ON
- Zip/Postal Code K1R 5J7
Details
Updated on July 11, 2025 at 2:18 am- Price: $850,000
- Property Type: Commercial
- Property Status: For Sale
Additional details
- Property Type: Commercial
- Tax Year: 2024
- Annual Taxes: $20,500
Features
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