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1 / 6057 locked

SaleCommercial Retail

673-675 Somerset Street W

West Centre Town, ON K1R 6P3

Price

$2,150,000

Building Size

4,025.7 sq ft

MLS# X12968770 | Listed by ROYAL LEPAGE INTEGRITY REALTY

Commercial Specifications

Property Description

LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential.

Price & Status History

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Location

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673-675 Somerset Street W, West Centre Town K1R 6P3

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Listing Courtesy of: ROYAL LEPAGE INTEGRITY REALTY

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.