$825,000 FOR SALE

Commercial/Retail

Lot: 26.25 x 110 ftTotal Area: 1,500 ft2

640 Somerset Street W
Ottawa, ON K1R 5K4 | Chinatown

*Attention Investors & Developers!* This rare & unique detached home in the heart of Centertown, Ottawa offers exceptional potential with its TM Zoning, allowing for both residential & commercial use. Features include: Two units with separate entrances for upper & main floor. Converted to a spacious 4-bedroom layout ($50,000 in upgrades in 2022, including new appliances) Versatile property with potential for triplex conversion (zoned as triplex with both residential & commercial/industrial units). Balcony on the second floor & dry basement. Conveniently located near Little Italy, Chinatown, Le Breton flats, & the new LRT. Roof, furnace, & AC updated in 2014. Main level previously used as a restaurant, meeting safety and fire codes (buyer to verify) Don't miss this opportunity to own a property with endless possibilities in a prime Ottawa location. Contact us today to schedule a viewing. A few adjacent properties also available for sale, offering additional development options! (id:47423)

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Listed By FIDACITY REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1384400
Last Updated Apr 24, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood Chinatown
Price History
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Detailed Information
Lot 26.25 x 110 ft
Total Area 1,500 ft2
Listing Contract Date 2024-04-04
Municipal ID 041210444
Ownership Type Freehold
# of Parking Spaces 3
Property Type Retail
Transaction Type For sale
Zoning Description TM(2185) H (16)
Building
Constructed Date 1900
Land
Total Size 26.21 ft X 110.01 ft
Size of Irregular Land 26.21 ft X 110.01 ft

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