Retail Investment Opportunity
691-701 Somerset Street West, Ottawa, ON K1R 6P5
Building
Stats
- Floors 2
- Price $4,800,000.00
- Zoning Traditional Mainstreet Zoning TM[112]H(16)
Overview
691-701 Somerset Street West is the one Chinatown’s most recognizable and identifiable commercial properties. This investment represents the opportunity to own a prestigious location, solid investment, and a site for potential redevelopment.
Highlights
-Retail investment opportunity
-Suitable for owner-user occupancy
-Three retail units on the ground floor are fully leased.
-Currently 10,000 sf available for lease (approx.)
-Spiral staircase to the second floor and an elevator
-Ample parking onsite
-Within the 600m buffer of the Pimisi LRT station
-Substantial upgrades and improvements have been completed at the property and a complete list can be provided upon request.
-Upon completion of a Confidentiality Agreement prospective buyers will be provided a copy of the rent roll
Location
Located on Somerset Street West and Cambridge Street North and situated at the Chinatown Royal Gateway at Bronson Avenue
