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691-701 Somerset St W

14,324 SF 100% Leased Retail Building Ottawa, ON K1P 6P5 £2,649,622 (£185/SF)

Mixed Use Properties Ontario Ottawa 691-701 Somerset St W, Ottawa, ON K1P 6P5

Investment Highlights

  • Investment opportunity with future redevelopment potential
  • 10,000 sf (approx.) available for lease
  • Substantial upgrades and improvements have been completed at the property and a complete list can be provided upon request
  • Three retail units on the ground floor are fully leased
  • Ample parking
  • Suitable for owner-user occupancy

Executive Summary

691-701 Somerset Street West is the one Chinatown’s most recognizable and identifiable commercial properties. Immediately visible from the Royal Gateway at Bronson Avenue this investment represents the opportunity to own a prestigious location, solid investment, and a site for potential redevelopment.

Attachments

691-701 Somerset Street West INTERACTIVE Marketing Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,324 SF
Building Class
C
Year Built
1985
Price
£2,649,622
Price Per SF
£185
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.93
Land Acres
0.17 AC
Zoning
TM[112] H(16) - Traditional Mainstreet Zoning TM[112]H(16)
Frontage
96 ft on Somerset Street West
1 of 1
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

The Famous Owl of Minerva
Scotiabank
Tim Hortons
Second Cup Cafe
Bâton Rouge Grillhouse & Bar
Starbucks
Curves
GoodLife Fitness
CIBC
RBC Royal Bank
(613) 696-2734

  • Listing ID: 22312474

  • Date on Market: 23/02/2021

  • Last Updated:

  • Address: 691-701 Somerset St W, Ottawa, ON K1P 6P5

The Retail Property at 691-701 Somerset St W, Ottawa, ON K1P 6P5 is currently available For Sale. Contact Avison Young Commercial Real Estate for more information.

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691-701 Somerset St W, Ottawa, ON for sale Building Photo- Image 1 of 6
691-701 Somerset Street West
691-701 Somerset St W, Ottawa, ON for sale Building Photo- Image 2 of 6
691-701 Somerset Street West
691-701 Somerset St W, Ottawa, ON for sale Building Photo- Image 3 of 6
691-701 Somerset Street West
691-701 Somerset St W, Ottawa, ON for sale Building Photo- Image 4 of 6
Situated at Chinatown Royal Gateway
691-701 Somerset St W, Ottawa, ON for sale Building Photo- Image 5 of 6
Situated at Chinatown Royal Gateway

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691-701 Somerset St W
(613) 696-2734 x

691-701 Somerset St W

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Gillian Burnside

(613) 696-2734

(613) 696-2734

Ron Milligan

(613) 696-2750

(613) 696-2750

James Pero

(613) 696-2767

(613) 696-2767

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