843-839 Somerset W Street, West Centre Town, ON K1R 6R6

  • $2,100,000
843-839 Somerset W Street, West Centre Town, ON K1R 6R6
Active
843-839 Somerset W Street, West Centre Town, ON K1R 6R6
843-839 Somerset W Street, West Centre Town, ON K1R 6R6
  • $2,100,000

Overview

Property ID: HZX12720182
  • Commercial Retail, Commercial Sale
  • Property Type
  • 5446.53
  • Sqft

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 has recently been rented on a 5 year lease with a 5% yearly escalation starting at $6,400/month + HST. 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, 6 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.

  • Address 843-839 Somerset W Street
  • City West Centre Town
  • State/county ON
  • Zip/Postal Code K1R 6R6
  • Country CA

Details

Updated on March 24, 2026 at 5:44 pm
  • Property ID: HZX12720182
  • Price: $2,100,000
  • Property Size: 5446.53 Sqft
  • Garage Size: x x
  • Property Type: Commercial Retail, Commercial Sale
  • Property Status: Active
  • MLS#: X12720182

Additional details

  • Utilities: Available
  • Cooling: Yes
  • County: Ottawa
  • Property Type: Commercial Sale
  • Community Features: Public Transit

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