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495 SOMERSET STREET W
Ottawa, Ontario K1R5J7

$850,000

Fully air conditioned Other

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:25961)

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Courtesy of ROYAL LEPAGE PERFORMANCE REALTY
Listed on: January 09, 2025

On market: 9 days
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