495 Somerset Street W Ottawa, Ontario K1R 5J7

2000 sqft


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:47153)

Property Details

MLS® Number 1388646
Property Type Retail
Neigbourhood Centretown
Parking Space Total 3


Size Interior 2000 Sqft


Acreage No
Size Depth 65 Ft ,2 In
Size Frontage 32 Ft ,5 In
Size Irregular 32.4 Ft X 65.2 Ft
Size Total Text 32.4 Ft X 65.2 Ft
Zoning Description Tm



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