631 Somerset St W - Storefront Retail/Residential FOR SALE


Ottawa, ON K1R 5K3- Downtown | 
$790,000 CAD
613-691-2122
631 Somerset St W, Ottawa, ON for Sale
$790,000 CAD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

631 Somerset St W
Ottawa, ON K1R 5K3
Downtown


HIGHLIGHTS

  • Mixed-use freehold property featuring a ground-floor barbershop and an upper-level residential unit.
  • Prominent street frontage along a well-established downtown Ottawa corridor ensures strong exposure.
  • Tenant-installed barbershop fit-ups provide a functional layout for immediate use or adaptation.
  • Near-term lease expiries create opportunities for tenancy renewals, owner-occupancy, or repositioning.

OVERVIEW

631 Somerset presents a mixed-use freehold asset along a well-established downtown corridor, featuring a ground-floor barbershop with tenant-installed fit-ups and a second-floor residential unit. The property offers a functional and efficient configuration, supported by strong underlying real estate fundamentals, including prominent street frontage and a central location. Near-term lease expiries provide flexibility to extend existing tenancies or accommodate an owner-occupier, supporting future repositioning or alternate use over time.

FOR SALE DETAILS

PRICE

$790,000 CAD

PRICE/SF

$449 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

TM[2185] H(16

APN/PARCEL ID

061406300123700

ASK ABOUT THIS PROPERTY

613-691-2122

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613-691-2122

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