691-701 SOMERSET W Street, West Centre Town, ON K1R 6P5

  • $4,800,000
691-701 SOMERSET W Street, West Centre Town, ON K1R 6P5
  • X9768534
  • MLS® Number
  • Commercial Retail, Commercial
  • Property Type
  • 14324
  • Sqft
Active For Sale
691-701 SOMERSET W Street, West Centre Town, ON K1R 6P5
691-701 SOMERSET W Street, West Centre Town, ON K1R 6P5
  • $4,800,000

Description

691-701 Somerset Street West is one of Chinatown’s most recognizable and identifiable commercial properties. Immediately visible from the Royal Gateway at Bronson Avenue, this investment represents the opportunity to own a fully tenanted building in a prestigious location. The site area for the property is 7,592 sf with a total of 14,324 rentable square feet over the first and second floors. Serviced with both an elevator and spiral staircase, the second floor provides a 7,327 sf unit, where the ground floor unit provides approximately 3,430 sf. Both units have executed 5-year leases in 2024. Three additional retail units on the ground floor are also leased. A 7,167 sf lower-level parking garage provides approximately 16 parking spots accessed from Cambridge Street North. The site also benefits from ample street parking and a parking lot to the west of the property.

Details

MLS® Number
X9768534
Property Size
14324 Sqft
Updated on March 19, 2025 at 2:07 pm

Additional details

  • Roof: Unknown
  • Utilities: Unknown
  • Sewer: Unknown
  • Cooling: Partial
  • County: Ottawa
  • Property Type: Commercial Sale

Address

  • Address 691-701 SOMERSET W Street
  • City West Centre Town
  • State/county ON
  • Zip/Postal Code K1R 6P5
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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