For Lease - 787 1/2 Somerset Street, West Centre Town, Ontario

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Time on Jump  81 day
  • Retail space available for sub-lease in central Ottawa neighborhood.
  • Features exposed brick wall, adding character to the space.
  • Includes backroom for storage and finished basement with washroom.
  • Current lease transferable until April 2028 with potential extensions.
  • Affordable rent with predictable expenses for utilities and taxes.
Retail space available for sub-lease in a central ottawa neighbourhood. Located on the north side of somerset street west close to booth street intersection. The space is in great condition, features exposed brick wall, a backroom for storage and a basement that includes a finished washroom and storage space. Available january 1, 2026. Current lease ends april 30th, 2028. New tenant to assume existing lease. Rent is as follows: $2,750 plus hst until april 30th, 2026 and $2,850 plus hst until april 30th, 2028. Tenant pays utilities. Tenant pays increases in property taxes, heating, water, and building insurance on an annual basis using a base year 2023. Opportunity to extend lease for full 5 year term.
Listing IDX12580622
Address787 1/2 Somerset Street
CityWest Centre Town, Ontario
Lease$2,850
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Lease
Subtype Commercial RetailOwnership LeaseholdHeating / Cooling Gas Forced Air Open
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Listing Agency:  SHAKER REALTY LTD.
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787 1/2 Somerset Street
West Centre Town , Ontario
$2,850
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