843-839 Somerset Street W Ottawa, Ontario K1R 6R6
$2,100,000
Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit is currently vacant and presents an exceptional opportunity potentially renting for up to $6,900/month. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 5 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don't miss your chance to own a versatile, income-generating property in one of the city's most dynamic neighbourhoods. (id:48755)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X12399644 |
| Property Type | Retail |
| Community Name | 4204 - West Centre Town |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 5446.53 Sqft |
| Size Interior | 5447 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 65 Ft ,11 In |
| Size Frontage | 82 Ft ,6 In |
| Size Irregular | Bldg=82.57 X 65.97 Ft |
| Size Total Text | Bldg=82.57 X 65.97 Ft |
| Zoning Description | Tm (78) H15 |
https://www.realtor.ca/real-estate/28854186/843-839-somerset-street-w-ottawa-4204-west-centre-town
Interested?
Contact us for more information
Ilham Chabi
Broker
https://www.ilhamchabi.com/
www.facebook.com/IlhamTheRealtor
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/
John Haddad
Salesperson
teammakan.com/
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/
Koussei Kurbaj
Salesperson
www.teammakan.com/
https://www.facebook.com/teammakancanada/
https://www.instagram.com/kousseiofficial/
https://www.youtube.com/@TeamMakanRealestate
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 12 2025 03:27:25
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group