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$1,149,900
Available - For Sale
Listing ID: X9515389
Welcome to 551 Somerset St. A building built with the style and design of years past. The only difference is that the entire building was mostly restructured/renovated in 2016 to the recent building code and fire code. Work that was completed is; all mechanical, electrical, updated, all floor joists replaced, and all plumbing including underground plumbing to the City sewer is new at the time of renovation. All Electrical is new and upgraded at the time of renovation. All windows, doors, and roof and two new furnaces were also updated at the time of the renovation. Two new air conditioners were replaced in 2021. This building has two units separately metered. Architectural drawings/plans can be available upon request. This is a turn-key, fully occupied building in a great location across from Dundonald Park.
Price $1,149,900
Taxes: $21,157
Occupancy by: Tenant
Address: 551 SOMERSET St West , Ottawa Centre, K1R 5J9, Ontario
Postal Code: K1R 5J9
Province/State: Ontario
Legal Description: PT LT 13, PL 15061 , N/S SOMERSET, AS IN
Lot Size: 26.84 x 77.7 (Feet)
Directions/Cross Streets: 417 to Kent St., to Somerset St W. On the corner of Somerset St., and Bay St.
Zoning: TM14
Category: Retail
Total Area: 2,400
Retail Area: 1800
Gross Income/Sales: $81000
Net Income Before Debt: $52504
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

551 SOMERSET St West , Ottawa Centre, K1R 5J9, Ontario


 
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Type: Com - Commercial/Retail
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4102 - Ottawa Centre
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Lot Size: 26.84 x 77.70(Feet)
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Tax: $21,157
Maintenance Fee: $0
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