Listing ID: 1388646  
$849,000

495 SOMERSET STREET W

ROYAL LEPAGE PERFORMANCE REALTY

  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
  • 495 SOMERSET STREET W
495 SOMERSET STREET W, Ottawa, Ontario, K1R5J7
Property TypeRetail Building Area2000 square feet

Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.55% or higher, determined by the current listing price. 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. (id:16400)


Details
OwnershipFreehold Parking Spaces3
TransactionFor sale Zoning DescriptionTM
Building
Size Interior2000 sqft
Land
Size Frontage32 ft ,5 in Size Depth65 ft ,2 in
Size Irregular32.4 ft X 65.2 ft

Listing Office: ROYAL LEPAGE PERFORMANCE REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :15/05/2024 04:12:24 PM

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