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$ 1,925,000
Est. payment | /mo
11,440 SqFt
$ 1,925,000
Est. payment | /mo
11,440 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,440 sqft
Price per Sqft $168
Subdivision 4103 - Ottawa Centre
MLS Listing ID X12284218
Annual Tax Amount $40,773
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
An exceptional opportunity to own a rare package of three properties that are sold together in one of Ottawa's most vibrant and high traffic neighbourhoods. 622 Somerset is a residential 4 plex, 628 is an ongoing retail business and 634 Somerset is an ongoing restaurant. Zoning is TM (Traditional Mainstreet) offering flexible mixed use potential. Total lot size is 11,440 SF. Prime site for future intensification. High pedestrian and vehicle traffic. Located in the heart of Chinatown, minutes to downtown and transit. Properties are sold as is. Whether you want to invest in passive income, run a business or redevelop down the road, this is your chance to secure a large urban footprint in a merging and diverse area.
Location
Province ON
County Ottawa
Community 4103 - Ottawa Centre
Area Ottawa
Zoning TM[2185]H(16)
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 104.0
Lot Depth 110.0
Others
Security Features Partial
Listed by FIRST ESTATE REALTY LTD.
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