$850,000
495 Somerset Street, OttawaCentre, ON K1R 5J7
4102 - Ottawa Centre, Ottawa Centre,
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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.
- HoldoverDays: 60
- Property Type: Commercial
- Property Sub Type: Commercial Retail
- GarageType: Lane
- Tax Year: 2024
- Cooling: Yes
- HeatType: Other
- Building Area Total: 2000
- Building Area Units: Square Feet
- Parcel Number: 041200026
- LotSizeUnits: Feet
- LotDepth: 65.2
- LotWidth: 32.4
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