Tony Tompson
Sales Representative
Century 21 Example Inc., Brokerage
Independently owned and operated.
7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6
Cell: 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 |
| Postal Code: | K1R 5J7 |
| Province/State: | Ontario |
| Lot Size: | 32.40 x 65.20 (Feet) |
| Directions/Cross Streets: | Somerset/Lyon |
| Category: | Retail |
| Building Percentage: | Y |
| Total Area: | 2000.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 2000 |
| Retail Area Code: | Sq Ft |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Y |
| Water: | Municipal |
$
%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PERFORMANCE REALTY |
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4102 - Ottawa Centre |
| Lot Size: | 32.40 x 65.20(Feet) |
| Tax: | $20,500 |
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