Outstanding mixed-use investment opportunity in the heart of downtown Ottawa! This charming two-storey property features a licensed, fully equipped 1000 sq. ft. restaurant on the main level, complete with a commercial kitchen, three washrooms, and a welcoming patio space perfect for guests. The existing liquor license is transferable, and restaurant equipment is included - offering a turnkey solution for food entrepreneurs or investors. Above, a fully furnished two-bedroom apartment currently operates as a successful short-term rental, presenting immediate income potential. The basement is partially finished with a full washroom and offers excellent storage or additional development opportunities. Benefit from TWO private parking spaces, high pedestrian exposure, and direct access to public transit. Zoned for mixed commercial and residential use, this versatile property is ideal for owner-occupiers, restaurateurs, investors, or those seeking a live/work setup. Whether you're looking to continue with short-term rentals, convert to long-term tenants, or reimagine the space for a new business concept - the possibilities are endless! Don't miss your chance to own a centrally located, income-generating gem in vibrant Chinatown! (id:4069)
Address
820 SOMERSET STREET W
List Price
$925,000
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Ottawa
Floor Area
1,000 Sq. Ft.
Lot Size
20.17 x 90.07 FT Sq. Ft.
MLS® Number
X12480805
Listing Brokerage
ROYAL LEPAGE INTEGRITY REALTY
Postal Code
K1R6R5
Zoning
TM(112)H(16)
