Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting.
Address
827 Somerset Street W
List Price
$1,490,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
West Centre Town
Sub-Area
4204 - West Centre Town
Region
Ottawa
Lot Depth
99
Lot Type
Building
Lot Size Units
Feet
Lot Width
33
Parcel Number
041100249
Total Building Area
3500
Occupant Type
Tenant
Cross Street
North-East corner of Somerset St. W. and Rochester St.
Frontage Length
18.39
MLS® Number
X13111330
Listing Brokerage
COLDWELL BANKER FIRST OTTAWA REALTY
Basement
No
Postal Code
K1R 6R4
Posession Details
TBD
Tax Amount
$17,698.00
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
Tax Legal Description
PT LT 87, PL 13 , AS IN N339725 ; OTTAWA/NEPEAN
Security Features
No, Partial