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$925,000

Commercial Retail

820 Somerset Street W, West Centre Town, ON K1R 6R54205 - West Centre Town

Listing Overview

MLS ID:X12480805
Status:Price Change
Type:Commercial / Commercial Retail
Taxes:$9,042 / yr (2025)
Days on Market:165
Listed:2025-10-24
Last Updated:Nov 29, 2025
Cross Street:Somerset St W and Booth St
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Open

Outdoor / Lot

Lot Size:× 90.07ft

Parking

Garage Type:Outside/Surface

Description

Outstanding mixed-use investment opportunity in the heart of downtown Ottawa! This charming two-storey property features a licensed, fully equipped 1000 sq. ft. restaurant on the main level, complete with a commercial kitchen, three washrooms, and a welcoming patio space perfect for guests. The existing liquor license is transferable, and restaurant equipment is included - offering a turnkey solution for food entrepreneurs or investors. Above, a fully furnished two-bedroom apartment currently operates as a successful short-term rental, presenting immediate income potential. The basement is partially finished with a full washroom and offers excellent storage or additional development opportunities. Benefit from TWO private parking spaces, high pedestrian exposure, and direct access to public transit. Zoned for mixed commercial and residential use, this versatile property is ideal for owner-occupiers, restaurateurs, investors, or those seeking a live/work setup. Whether you're looking to continue with short-term rentals, convert to long-term tenants, or reimagine the space for a new business concept - the possibilities are endless! Don't miss your chance to own a centrally located, income-generating gem in vibrant Chinatown!

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