Century 21 Example Inc., BrokerageIndependently owned and operated.7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184
$850,000
Available - For Sale
Listing ID: X11915584
495 Somerset St West , Ottawa Centre, K1R 5J7, Ontario
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.
Price
$850,000
Taxes:
$20500.00
Tax Type:
Annual
Occupancy by:
Tenant
Address:
495 Somerset St West , Ottawa Centre, K1R 5J7, Ontario
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