$2,100,000
FOR SALE

Commercial/Retail

Lot: 82.57 x 65.97 ft
2025 Taxes: $39,105.73

843-839 Somerset St W
West Centre Town, ON K1R 6R6 | 4204 - West Centre Town | Ottawa

Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit has recently been rented on a 5 year lease with a 5% yearly escalation starting at $6,400/month + HST. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 6 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don't miss your chance to own a versatile, income-generating property in one of the city's most dynamic neighbourhoods.
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12720182
Last Updated Apr 29, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
PIN 041100286
Possession Date TBD
Taxes (2025) $39,105.73
Directions/Cross Streets Rochester Street & Somerset Srreet
Neighbourhood 4204 - West Centre Town
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 82.57 x 65.97 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Heat Type Gas Forced Air Closed

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