ON > West Centre Town > 4204 - West Centre Town
West Centre Town, ON K1R 6P5,691-701 SOMERSET ST W
West Centre Town, ON K1R 6P5,691-701 SOMERSET ST W
West Centre Town, ON K1R 6P5,691-701 SOMERSET ST W
West Centre Town, ON K1R 6P5,691-701 SOMERSET ST W
West Centre Town, ON K1R 6P5,691-701 SOMERSET ST W
West Centre Town, ON K1R 6P5,691-701 SOMERSET ST W
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 4,800,000
Est. payment | /mo

14,324 SqFt

Save
$ 4,800,000
Est. payment | /mo
Save

14,324 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 14,324 sqft

Price per Sqft $335

Subdivision 4204 - West Centre Town

MLS Listing ID X9768534

Annual Tax Amount $64,475

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

691-701 Somerset Street West is one of 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 fully tenanted building in a prestigious location. The site area for the property is 7,592 sf with a total of 14,324 rentable square feet over the first and second floors. Serviced with both an elevator and spiral staircase, the second floor provides a 7,327 sf unit, where the ground floor unit provides approximately 3,430 sf. Both units have executed 5-year leases in 2024. Three additional retail units on the ground floor are also leased. A 7,167 sf lower-level parking garage provides approximately 16 parking spots accessed from Cambridge Street North. The site also benefits from ample street parking and a parking lot to the west of the property.

Location

Province ON

County Ottawa

Community 4204 - West Centre Town

Area Ottawa

Rooms

Family Room No

Interior

Cooling Partial

Exterior

Utilities Available Unknown

Roof Type Unknown

Lot Depth 85.0

Others

Security Features Unknown

Pets Allowed Unknown

Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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691-701 SOMERSET ST W

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