495 Somerset Street W Ottawa, Ontario K1R 5J7
$999,000
Turn-key investment opportunity. Stable and attractive yearly return for your money(Cap rate 4.7% plus). Great centre town location. This building has been a tastefully decorated bar/ restaurant for almost 40 years. 9 Feet ceiling. Features dining rooms on both levels and a bar lounge. Walk-in cooler in lower level. The excellent tenant has been operating the restaurant for more than 10 years. Just started a new 5-year lease in Oct 2020. TM Zoning. Add this building to your long-term investment portfolio! (id:25350)
Property Details
| MLS® Number | 1241673 |
| Property Type | Retail |
| Neigbourhood | Centretown |
Building
Land
| 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 |
https://www.realtor.ca/real-estate/23197181/495-somerset-street-w-ottawa-centretown
Interested?
Contact us for more information
Dong Donna Sun
Broker
www.donnasunhomes.com
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2
(613) 733-9100
(613) 733-1450
Yong Li
Salesperson
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2
(613) 733-9100
(613) 733-1450
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May 22 2021 05:10:28
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