- For Sale
- 1 years ago
- 37 views
495 Somerset Street W, Ottawa, ON, K1R 5J7
$849,000
Description
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:25314)
Facts and Features
Type
Retail
year built
No Data
lot size
32.4 ft X 65.2 ft
Bedrooms
No Data
bathrooms
No Data
Garage
3
Status
Active
Property Overview
- Property ID
- 39729
- Category
- Commercial
- Unit Number
- No Data
- View
- No Data
- Lot Size Dimensions
- 32.4 ft X 65.2 ft
- Lot Features
- No Data
- Common Interest
- Freehold
Building and Architecture
- Building Type
- No Data
- Architecture Style
- No Data
- Stories
- No Data
- Roof
- No Data
- Foundation Details
- No Data
- Exterior Features
- No Data
- Construction Materials
- No Data
Interior Features
- Living Area
- 2000 sqft
- Above Ground Finished Area
- No Data
- Below Ground Finished Area
- No Data
- Basement
- No Data
- Flooring
- No Data
- Fireplace
- No
- Fireplaces Total
- No Data
- Fireplace Features
- No Data
Parking
- Parking Type
- No Data
- Parking Spaces
- 3
- Additional Parking Type
- No Data
- Additional Parking Spaces
- No Data
- Parking Fee
- No Data
- Parking Fee Frequency
- No Data
Property Features
- Heating
- No Data
- Cooling
- No Data
- Electric
- No Data
- Sewer
- No Data
- Water Source
- No Data
- Utilities
- No Data
- Community
- No Data
- Security
- No Data
Other Information
- Association Name
- No Data
- Association Fee
- No Data
- Association Fee Frequency
- No Data
- Association Fee Includes
- No Data
- Tax Annual Amount
- $20,500.00
- Existing Lease Type
- No Data
- Zoning
- No Data
- Zoning Description
- TM
