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$2,100,000
Ontario,Ottawa
For Sale Active
843-839 SOMERSET STREET W, Ottawa, Ontario K1R6R6
  • 5,447 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12720182
  • Price: $2,100,000
  • Square Footage: 5,447 Sqft
  • Status: Active
  • Office Name: RE/MAX HALLMARK REALTY GROUP
  • Property Sub Type: Retail
  • Office Key: 278197
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Ottawa, K1R6R6
  • Street: Somerset
  • Street Number: 843-839
  • Street Suffix: Street
  • Longitude: W76° 18' 51.9''
  • Latitude: N45° 25' 11.6''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: Bldg=82.57 x 65.97 FT
Financial
  • Tax Annual Amount: 39105.73
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Listing updated: 2026-03-01 18:12:12
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Listing Information
  • List Agent Key: 2055175
  • List Office Key: 278197
  • Modification Timestamp: 2026-01-22T15:36:00Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-01-22T15:24:45Z
Powered by REALTOR.ca
Listing updated: 2026-03-01 18:12:12
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