Added 8 months ago
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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: TM14
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Age: No Data
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Taxes: 21157
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MLS®#: X9515389
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Days on Site: 257 Days
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Added: Mar 05, 2024 (8 months ago)
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Updated:
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Last Checked: 8 hours ago
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Listed By: ROYAL LEPAGE TEAM REALTY
Welcome to 551 Somerset St. A building built with the style and design of years past. The only difference is that the entire building was mostly restructured/renovated in 2016 to the recent building code and fire code. Work that was completed is; all mechanical, electrical, updated, all floor joists replaced, and all plumbing including underground plumbing to the City sewer is new at the time of renovation. All Electrical is new and upgraded at the time of renovation. All windows, doors, and roof and two new furnaces were also updated at the time of the renovation. Two new air conditioners were replaced in 2021. This building has two units separately metered. Architectural drawings/plans can be available upon request. This is a turn-key, fully occupied building in a great location across from Dundonald Park.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Retail
Net Income: 52504
Area: Ottawa Centre
Community: 4102 - Ottawa Centre
Availability Date: To be arranged
Parking
Covered Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: PT LT 13, PL 15061 , N/S SOMERSET, AS IN NS153345 ; OTTAWA/NEPEA
Taxes: $21,157
Land
Cross Street: 417 to Kent St., to
Municipality District: Ottawa Centre
Parcel Number: 041200005
Lot Depth: 77.7 Feet
Lot Frontage: 26.84 Feet
Lot Irregularities: 1
Zoning: TM14
Commercial Specific
Retail Area: 1800
Total Area: 2400
Gross Income/Sales: 81000
Cambridge Street Community Public School
Elementary: PublicSt Anthony Elementary School
Elementary: CatholicCentennial Public School
Elementary: PublicCorpus Christi Catholic Elementary School
Elementary: CatholicElgin Street Public School
Elementary: PublicGlashan Public School
Elementary: PublicUrban Aboriginal Alternate High School
Secondary: PublicRichard Pfaff Secondary Alternate Site
Secondary: PublicImmaculata High School
Secondary: CatholicLisgar Collegiate Institute
Secondary: PublicAdult High School
Secondary: PublicGlebe Collegiate Institute
Secondary: Public
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