DAVID OIKLE

BROKER

495 SOMERSET STREET W
Ottawa, Ontario K1R5J7

$850,000

ID# X11915584
Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.6% or higher. Prime downtown location. This property has served as a well-appointed bar/restaurant establishment for nearly four decades. Boasting 9-foot ceilings, it includes dining areas on multiple floors and a stylish bar lounge. The lower level is equipped with a walk-in cooler. A dependable tenant with over a decade of experience in running the restaurant occupies the premises. Zoned TM. A valuable addition to your enduring investment portfolio. (id:25961)

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General Inquiry
Courtesy of ROYAL LEPAGE PERFORMANCE REALTY
Listed on: January 09, 2025

On market: 27 days
Cooling Type Fully air conditioned
Heating Type Other

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Address Price Bed Bath SqFt Area Sub Area Brokerage
PH-2806 - 195 BESSERER STREET Ottawa
PH-2806 - 195 BESSERER STREET
 $799,900 2 2 Ottawa ENGEL & VOLKERS OTTAWA
421 - 560 RIDEAU STREET Ottawa
421 - 560 RIDEAU STREET
 $374,900 1 1 Ottawa RE/MAX ABSOLUTE WALKER REALTY
550 GUY STREET Ottawa
550 GUY STREET
 $2,499,900 9 6 59.4 x 108.9 FT Ottawa RE/MAX HALLMARK REALTY GROUP
1844 RIVER ROAD Ottawa
1844 RIVER ROAD
 $789,000 4 4 102.9 x 213.15 FT ; 1 Ottawa RE/MAX HALLMARK REALTY GROUP
1105 GABLEFIELD PVT Ottawa
1105 GABLEFIELD PVT
 $470,000 2 2 Ottawa ROYAL LEPAGE PERFORMANCE REALTY
231 BOLTON STREET Ottawa
231 BOLTON STREET
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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