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    For Sale - 609-615 Somerset Street, Ottawa Centre, Ontario

    Est payment $12,485/mo
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    Time on Jump  10 day

    AI Summary *

    • Great mixed-use investment in a vibrant heritage neighborhood with high foot traffic.
    • Three retail units with strong visibility along Somerset Street for steady rental income.
    • Five upgraded one-bedroom apartments on the second floor for additional income.
    • Recent building improvements offer operational stability and reduce maintenance costs.
    • Convenient location near business district, transit, and major highways for easy access.




    Well-located mixed-use investment in the heart of one of ottawa's most established heritage neighbourhoods! Positioned on a prominent corner lot, this property is located within a bustling retail node surrounded by a balanced mix of national brand retailers and strong independent operators, supporting consistent pedestrian activity and stable long-term occupancy. The building includes three ground-floor retail units with strong visibility along somerset street, supported by a 24-hour adjusted traffic count of 9,113. The second floor comprises five 1-bedroom apartments, four of which have been recently upgraded with new kitchens and flooring. Recent capital improvements - including a 4-year-old boiler, 12-year-old roof, and 1-year-old windows and sills - provide operational stability and reduce near-term capital requirements. Situated on a 3,735 sq. Ft. Lot with potential parking accessed from percy street, the property benefits from h1[2185] hub zone zoning and a 16. 5-metre height allowance, offering flexibility for future intensification. Current well-established retail tenants - sudsey's laundromat, vapingstory & smoke, and la tiendita latin market - provide steady daily traffic and reliable cash flow. The location is a core strength: a heritage neighbourhood within close walking distance to the central business district, major employment centers, rapid transit, and immediate access to highway 417, ensuring efficient connectivity across the city. Overall, 609-615 somerset street west presents a stable, income-producing urban asset with strong fundamentals, reliable tenancy, and clear long-term optionality supported by zoning, visibility, and sustained neighbourhood demand.
    Listing IDX13868736
    Address609-615 Somerset Street
    CityOttawa Centre, Ontario
    Price$2,600,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Water Radiators

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    Listing Brokerage: CAPITAL COMMERCIAL INVESTMENT CORP.

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    609-615 Somerset Street
    Ottawa Centre , Ontario
    $2,600,000
    Get more info