K1R Gas Stations for Sale

Commercial Real Estate in K1R available for sale

Retail Spaces for Sale Within of K1R

827 Somerset St W

Ottawa, ON K1R 6R4

Retail for Sale
$1,589,900 CAD
2,628 SF

Ottawa Retail for Sale - Tunney's Pasture

This fully operating mixed-use building features two floors, with a new roof installed in 2021, along with a recently upgraded high-efficiency gas furnace and hot water tank. The main level is currently leased to a restaurant tenant, generating $4,500 in monthly rental income with a lease in place until September 30, 2027. The second level is a 4-bedroom residential unit, currently tenanted on a month-to-month basis, offering flexibility for future occupancy or redevelopment. The property also presents an excellent conversion opportunity—potential to reconfigure the upper floor into two separate 2-bedroom, 1-bath units, increasing rental versatility and income potential.

Contact:

John Zagerman Real Estate Services Ltd

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-08-06

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Prime Investment

Mixed Types for Sale
$1,925,000 CAD
3 Properties | Mixed Types

Ottawa Portfolio of properties for Sale - Centretown-Byward

An exceptional opportunity to own a rare package of three properties that are sold together in one of Ottawa's most vibrant and high traffic neighbourhoods. 622 Somerset is a residential 4 plex, 628 is an ongoing retail business and 634 Somerset is an ongoing restaurant. Phase 2 environment in file, and a copy upon receiving an offer. Zoning is TM (Traditional Mainstreet) offering flexible mixed use potential. Total lot size is 11,440 SF. Prime site for future intensification. High pedestrian and vehicle traffic. Located in the heart of Chinatown, minutes to downtown and transit. Properties are sold as is. Whether you want to invest in passive income, run a business or redevelop down the road, this is your chance to secure a large urban footprint in a merging and diverse area.