Retail Investment Opportunity
691-701 Somerset Street West, Ottawa, ON K1R 6P5
Building
Stats
- Floors 2
- Price $4,800,000.00
- Zoning Traditional Mainstreet Zoning TM[112]H(16)
Overview
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.
Highlights
-Retail investment opportunity
-Suitable for owner-user occupancy
-Three retail units on the ground floor are fully leased.
-Currently 10,000 sf available for lease (approx.)
-Spiral staircase to the second floor and an elevator
-Ample parking onsite
-Within the 600m buffer of the Pimisi LRT station
-Substantial upgrades and improvements have been completed at the property and a complete list can be provided upon request.
-Upon completion of a Confidentiality Agreement prospective buyers will be provided a copy of the rent roll
Location
Located on Somerset Street West and Cambridge Street North and situated at the Chinatown Royal Gateway at Bronson Avenue
Team
Gillian Burnside
Sales Representative, Vice-President
Avison Young - CA - ON - Ottawa
Ron Milligan
James Pero
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