820 Somerset Street
West Centre Town, K1R 6R5
FOR SALE
$925,000

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Commercial Retail
CATEGORY1,000 Sq Ft
TOTAL AREAX12480805
MLSIDContact Us
Property Description
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!
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Property Details
Address
820 Somerset Street
Community
City
Postal Code
K1R 6R5
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
TM(112)H(16)
Lot Size
20' x 90'
Total Area
1,000 Sq Ft
Retail Area
1,000 Sq Ft
Taxes
$9,042 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Royal Lepage Integrity Realty
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