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

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    Time on Jump  129 day

    AI Summary *

    • 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.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    787 1/2 Somerset Street
    West Centre Town , Ontario
    $2,850
    Get more info