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495 SOMERSET STREET W

Ottawa, Ontario K1R5J7

$850,000 for sale



MLS®:
X11915584
Contract Days:
105
Community:
Ownership:
Property Type:
TM
Total Size:
Bldg=32.4 x 65.2 FT
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features

Built Date:
Exterior Finish:
Foundation Type:
Utitilies

Heating Type:
Other
Heating Fuel:
Cooling Type:
Fully air conditioned
Utility Water:
Municipal water
Sewer:
Total Fireplaces:
Type
Level
Size

Note

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. (id:19004)

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