495 Somerset Street W, Ottawa, Ontario, K1R5J7
Details
- Listing ID: X11915584
- Price: $850,000
- Address: 495 Somerset Street W, Ottawa, Ontario K1R5J7
- Property Type: Retail
- Heating: Other
Description
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:22130)
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