551 Somerset St W - Retail FOR SALE


Ottawa, ON K1R 5J9
$1,149,900 CAD
551 Somerset St W, Ottawa, ON for Sale
$1,149,900 CAD
Retail - FOR SALE
1/2
null | Request Cap Rate

551 Somerset St W
Ottawa, ON K1R 5J9


OVERVIEW

Welcome to 551 Somerset St. A building built with the style and design of years past. The only difference is that the entire building was mostly restructured/renovated in 2016 to the recent building code and fire code. Work that was completed is; all mechanical, electrical, updated, all floor joists replaced, and all plumbing including underground plumbing to the City sewer is new at the time of renovation. All Electrical is new and upgraded at the time of renovation. All windows, doors, and roof and two new furnaces were also updated at the time of the renovation. Two new air conditioners were replaced in 2021. This building has two units separately metered. Architectural drawings/plans can be available upon request. This is a turn-key, fully occupied building in a great location across from Dundonald Park.

FOR SALE DETAILS

PRICE

$1,149,900 CAD

PRICE/SF

$479 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,860 SF

ZONING

TM14

APN/PARCEL ID

061406300134000

ASK ABOUT THIS PROPERTY

Research In ProgressResearch In ProgressMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Research In ProgressResearch In ProgressMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.