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826 Somerset Street, Ottawa, ON 36 photos

$199,000

Active
826 Somerset Street, Ottawa, ON· West Centre Town
4
Bathrooms
1 (Unknown)
Parking

About this Property

  • The unit has also been upgraded with a brand-new heating system, providing improved efficiency and reliability

*Do not approach staff or customers regarding the sale of the business. All showings by appointment only through the listing brokerage office.* Excellent opportunity to acquire a fully equipped, fully fixtured, and profitable restaurant located on Somerset Street in the heart of Ottawa, just minutes from downtown. This prime location benefits from strong year-round foot traffic driven by nearby businesses, tourism, festivals, and local events, and is steps away from the highly anticipated LeBreton Flats redevelopment project, bringing significant future growth and activity to the area. The restaurant is offered as a turn-key operation, allowing a new owner to continue business immediately with all existing equipment and fixtures included. The property also features a large basement area suitable for additional storage, office space, or food preparation .At the rear of the property, a cleared outdoor area presents an excellent opportunity to develop a patio, adding valuable seasonal seating and enhancing the customer experience. The unit has also been upgraded with a brand-new heating system, providing improved efficiency and reliability. Offered at a price that represents a fraction of the cost to build and equip a comparable restaurant from the ground up, this is an outstanding opportunity for entrepreneurs or experienced operators looking to establish themselves in one of Ottawa's most vibrant commercial corridors.

Listed by TRU REALTY · MLS# X12864388

Features & Details

Property details of 826 Somerset Street, Ottawa, ON

Property TypeSale Of Business
StyleWithout Property
Total Parking1

Mortgage Calculator

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Mortgage Payment$978/monthly
Principal54%
Interest46%
Principal Amount$159,200
Interest$134,088
Total Payable$293,288
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$978
Mortgage + Expenses$978
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$
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Monthly Cash Flow-$978

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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