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  • 691 Somerset Street West, Ottawa, ON
  • 691 Somerset Street West, Ottawa, ON
  • 691 Somerset Street West, Ottawa, ON
  • 691 Somerset Street West, Ottawa, ON
  • 691 Somerset Street West, Ottawa, ON
  • 691 Somerset Street West, Ottawa, ON
  • 691 Somerset Street West, Ottawa, ON
  • 691 Somerset Street West, Ottawa, ON

14,850 ft²
Retail
$4,950,000
Sale


Ron Milligan
Ron Milligan
Avison Young Ottawa

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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.

  • Investment opportunity with future redevelopment potential
  • Fully occupied with two restaurant tenants and two fully leased retail rental units
  • Upon completion of a Confidentiality Agreement prospective buyers will be provided a copy of the rent roll
  • Spiral staircase to the second floor and an elevator
  • Ample parking
  • Within the 600m buffer of the Pimisi LRT station
  • Upgrades and improvements to the building are currently being completed; a complete list of the scope of work will also be provided


The Space
Asking Price$4,950,000
Available Space14,850 ft²
SourceBuildout

The Building - Retail Investment Opportunity

Located on Somerset Street West and Cambridge Street North and situated at the Chinatown Royal Gateway at Bronson Avenue

Property TypeRetail
Floors2
Building Size14,850 ft²
Lot Size0.17 AC
ZoningTraditional Mainstreet Zoning TM[112]H(16)
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Ron Milligan
Ron Milligan
Avison Young Ottawa
Contact
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