ADAM MILLS REALTY TEAM

820 Somerset Street W Ottawa, Ontario K1R 6R5

1,000 ft2
Partially Air Conditioned Forced Air

$949,000

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! (id:49712)

Property Details

MLS® Number X12480805
Property Type Retail
Neigbourhood Centretown West
Community Name 4205 - West Centre Town

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,000 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 90 Ft
Size Frontage 20 Ft ,2 In
Size Irregular 20.17 X 90.07 Ft
Size Total Text 20.17 X 90.07 Ft
Zoning Description Tm(112)h(16)

https://www.realtor.ca/real-estate/29029377/820-somerset-street-w-ottawa-4205-west-centre-town

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