820 Somerset Street W, West Centre Town, ON

$949,000

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About 820 Somerset Street W

Outstanding mixed-use investment opportunity in the heart of downtown Ottawa! This charming two-storey property features a licensed, fully equipped 1000 sq. ft. restaurant on the main level, complete with a commercial kitchen, three washrooms, and a welcoming patio space perfect for guests. The existing liquor license is transferable, and restaurant equipment is included - offering a turnkey solution for food entrepreneurs or investors. Above, a fully furnished two-bedroom apartment currently operates as a successful short-term rental, presenting immediate income potential. The basement is partially finished with a full washroom and offers excellent storage or additional development opportunities. Benefit from TWO private parking spaces, high pedestrian exposure, and direct access to public transit. Zoned for mixed commercial and residential use, this versatile property is ideal for owner-occupiers, restaurateurs, investors, or those seeking a live/work setup. Whether you're looking to continue with short-term rentals, convert to long-term tenants, or reimagine the space for a new business concept - the possibilities are endless! Don't miss your chance to own a centrally located, income-generating gem in vibrant Chinatown!

Features of 820 Somerset Street W

MLS® # X12480805
Price $949,000
Bathrooms 0.00
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 820 Somerset Street W
Area Ottawa
Subdivision 4205 - West Centre Town
City West Centre Town
Province ON
Postal Code K1R 6R5

Amenities

Garages Outside/Surface
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Partial
Fireplace No

Listing Details

OfficeROYAL LEPAGE INTEGRITY REALTY

Listing Map

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