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820 W Somerset St

Ottawa, ON K1R 6R5
  • $999,000
  • STATUS: Active
  • ON SITE: 151 Days
  • ID#: X7307494
$999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Outstanding investment opportunity in Ottawa downtown with Restaurant, apartment, Basement car parking's and 3 washrooms, featuring a second-level, fully furnished two-bedroom apartment currently operating as a successful short-term rental. The main level boasts a fully equipped and well-appointed 1000 SFT. restaurant, with the added potential of utilizing the basement for storage purposes. The restaurant includes a charming patio area on the porch, and the existing liquor license is transferable. Benefit from two convenient on-site parking spaces and excellent visibility due to high pedestrian traffic. The option to acquire the building along with the existing restaurant equipment is available. Moreover, consider the versatility of converting the restaurant into various businesses and transforming the apartment unit into desirable long-term rentals. We did not edit or make fancy pictures. As it is we post the pictures.

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Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or SAVI Real Estate Group | Re/Max Escarpment Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-04-03T21:44:20.01.
www.savirealestategroup.ca/homes/145359006
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820 W Somerset St Ottawa, ON K1R 6R5

  • Price: $999,000
  • Status: Active
  • On Site: 151 Days
  • ID#: X7307494
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Ottawa
County:
Ontario
Area:
Ottawa
Property Description
Outstanding investment opportunity in Ottawa downtown with Restaurant, apartment, Basement car parking's and 3 washrooms, featuring a second-level, fully furnished two-bedroom apartment currently operating as a successful short-term rental. The main level boasts a fully equipped and well-appointed 1000 SFT. restaurant, with the added potential of utilizing the basement for storage purposes. The restaurant includes a charming patio area on the porch, and the existing liquor license is transferable. Benefit from two convenient on-site parking spaces and excellent visibility due to high pedestrian traffic. The option to acquire the building along with the existing restaurant equipment is available. Moreover, consider the versatility of converting the restaurant into various businesses and transforming the apartment unit into desirable long-term rentals. We did not edit or make fancy pictures. As it is we post the pictures.
Exterior Features

Freestanding Yes Garage Type None Lot Depth 90.07 Lot Front 20.15 Lot Size Code Feet Rail N

Interior Features

Air Conditioning Y Basement Y Electric Amps 200 Elevator None Heat Type Gas Forced Air Open Office Apartment Area 808 Office Apartment Area Code Sq Ft Retail Area 1000 Retail Area Code Sq Ft Total Area 1808.34 Total Area Code Sq Ft

Property Features

Category Store With Apt/Office Commercial Type Store W/Apt/Office Cross Streets Somerset St W & Booth St Days Open 7 Franchise No List Price Type For Sale Lot Code Lot Occupancy Vacant Sale Or Lease Sale Seller Property Info Statement No Sprinklers Y Tax Year 2023 Taxes 11213.61 Taxes Type Annual Utilities Y Water Municipal Zoning TM(112)H(16)

Listing courtesy of ROYAL LEPAGE GRAND REALTY.
Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or SAVI Real Estate Group | Re/Max Escarpment Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-04-03T21:44:20.01.
 
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SAVI Real Estate Group | Re/Max Escarpment Realty
860 Queenston Road
Stoney Creek ON, L8G 4A8