700 Somerset Street West, West Centre Town | Image 1

700 Somerset Street West

West Centre Town, 4205 - West Centre Town

  • Commercial

$250,000
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: TM[112]H(16)

  • Age: No Data

  • Taxes: 10.5

  • MLS®#: X11888650

  • Days on Site: 1 Days

  • Added: Dec 09, 2024 (1 week ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: HOMEART REALTY SERVICES INC.

This is a rare opportunity to own a piece of Ottawa's culinary history! Established over 40 years ago, this iconic restaurant has been a cornerstone in the community, serving generations of families with its traditional Cantonese-style Chinese cuisine. Located in the heart of Ottawa, this business occupies a spacious 4,800 square feet on each level for around 9,600 square feet! The lower-level banquet hall is perfect for hosting events, comfortably accommodating up to 70 guests. Total seating for 350+ patrons & fully liquor licensed, the sale includes all equipment, tables, chairs, etc., and 11 dedicated parking spaces. Continue the tradition of excellence that has made it a beloved destination for Cantonese cuisine in Ottawa. An iconic piece of Ottawa's culinary scene & continue serving the community with a legacy of delicious food and exceptional service. Business for sale only, not building.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: West Centre Town

  • Community: 4205 - West Centre Town

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Volts: 600

  • Amps: 200

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2024

  • Taxes: $11

  • Taxes Type: T.M.I.

Land

  • Cross Street: Located at the inter

  • Municipality District: West Centre Town

  • Parcel Number: 041090032

  • Lot Depth: 99.19 Feet

  • Lot Frontage: 100 Feet

  • Zoning: TM[112]H(16)

Commercial Specific

  • Retail Area: 9600

  • Retail Area Metric: Sq Ft

  • Total Area: 9600

  • Total Area Metric: Sq Ft

  • Hours Open: 8

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 420

  • Financial Statement: N

  • LLBO: Y

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