787 1/2 Somerset Street

FOR LEASE
$2,850
787 1/2 Somerset Street, West Centre Town
787 1/2 Somerset Street
787 1/2 Somerset Street
787 1/2 Somerset Street
787 1/2 Somerset Street
Commercial Retail
CATEGORY
750 Sq Ft
TOTAL AREA
X12580622
MLSID
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Property Description
Retail space available for Sub-Lease in a central Ottawa neighbourhood. Located on the north side of Somerset Street West close to Booth Street intersection. The space is in great condition, features exposed brick wall, a backroom for storage and a basement that includes a finished washroom and storage space. Available January 1, 2026. Current lease ends April 30th, 2028. New tenant to assume existing lease. Rent is as follows: $2,750 plus HST until April 30th, 2026 and $2,850 plus HST until April 30th, 2028. Tenant pays utilities. Tenant pays increases in property taxes, heating, water, and building insurance on an annual basis using a Base Year 2023. Opportunity to extend lease for full 5 year term.
Property Details
Address
787 1/2 Somerset Street
Postal Code
K1R 6R3
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
TM[112] H(16) - Traditional Mainstreet
Lot Size
100' x 72'
Total Area
750 Sq Ft
Retail Area
750 Sq Ft
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
Listing contracted with Shaker Realty Ltd.
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