ON
Ottawa
K1R6P3
673-675 Somerset W Street
673-675 Somerset W Street, Ottawa, ON K1R6P3
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Listing Type
Commercial/Industrial
Listing Status
Active
36
$2,150,000

Home Details for 673-675 Somerset W Street

Price
$2,150,000
Type
Commercial Sale
Listing #
X12968770
Property Description

LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential. (id:31684)

Property Features
  • Heating Information
    • Other
Listing Courtesy: ROYAL LEPAGE INTEGRITY REALTY
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
Franchisee
Office
647 618 3158
Agent
647 618 3158
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