New Listing
640 Somerset Street W,Ottawa, ON K1R5K4
Ottawa, ON K1R5K4
Description
Prime mixed-use investment opportunity in the heart of Ottawa! Welcome to 640 Somerset Street West, ideally situated along a vibrant and highly desirable commercial corridor offering excellent street exposure and strong foot traffic potential. Surrounded by popular restaurants, cafés, shops, and established businesses, this exceptional location is just minutes from Chinatown, Little Italy, downtown Ottawa, public transit, and numerous amenities. The main floor features a versatile commercial space offering excellent potential for a variety of business uses. The upper-level residential unit offers an opportunity for owner occupancy or additional rental income. An additional accessory unit at the rear, complete with its own full bathroom, provides added flexibility and potential. This property offers an attractive combination of commercial visibility, residential accommodations, and investment versatility in one of Ottawa's most dynamic urban neighbourhoods. Whether you're an investor, business owner, or entrepreneur looking to establish a presence in a thriving location, this is an opportunity not to be missed! Buyer to verify permitted uses and zoning requirements. (id:13843)
Details
| MLS # | X14150460 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | ROYAL LEPAGE INTEGRITY REALTY | Christal Cameron |
Features
| Bath(s) | 5 Total |
|---|---|
| SQ Feet | 1,500 |
| Zoning | TM[2185]H(16) |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 8432 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R5K4 |
| Listing VS Median (in K1R5K4) | |
Price: $639,900 low | high Med: $639,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $427 low | high Med: $427 On site: 1 low | high Med: 1 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R5K4 |
| Listing VS Median (in K1R5K4) | |
Price: $639,900 low | high Med: $639,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $427 low | high Med: $427 On site: 1 low | high Med: 1 | |
