40
  • X12399644
  • MLS® Number
  • Property Type
  • Commercial Retail, Commercial
  • Acres
  • Land Area
  • 5446.53 Sqft
  • Area Size

843-839 Somerset W Street, West Centre Town, ON K1R 6R6

  • $2,100,000

Description

Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit is currently vacant and presents an exceptional opportunity potentially renting for up to $6,900/month. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 5 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don’t miss your chance to own a versatile, income-generating property in one of the city’s most dynamic neighbourhoods.

Details

MLS® Number X12399644
Property Size 5446.53 Sqft
Updated on November 10, 2025 at 9:58 pm

Additional details

  • Utilities: Available
  • Cooling: Yes
  • County: Ottawa
  • Property Type: Commercial Sale

Address

  • Address: 843-839 Somerset W Street
  • City: West Centre Town
  • State/county: ON
  • Zip/Postal Code: K1R 6R6
  • Country: CA

Contact Information

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