$1,180,000
$1,278,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
1079 SOMERSET ST W Ottawa, ON K1Y 3C6
Key Details
Sold Price $1,180,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1415346
Sold Date 11/07/24
Year Built 1952
Annual Tax Amount $11,894
Tax Year 2024
Property Description
Newly converted & reno'd commercial building with parking in Hintonburg, 300 meters from Bayview LRT & LeBreton Flats future home to the new Ottawa Senators arena & mixed use entertainment district w/ 6000+ new housing units. Excellent visibility & walkability - 38 ft of frontage along a major traffic & pedestrian corridor known for its many trendy shops, restaurants & professional services. Approx 2,200 SF usable space; 1,750 SF of high-end renovated office/retail across two levels + separate detached oversized double garage (~450 sq.ft) serviced by hydro & natural gas. Uniquely located in Hintonburg yet close to LeBreton Flats & Little Italy. Ideal for owner occupiers. Currently used as boutique events, studio & office space, yet well suited for other professional & retail-oriented uses. Setback variance affords front patio space uncommon to area. 38x100 lot may have potential for future mixed-use infill project in excess of 16-19 units under current zoning (density to be verified)
Location
Province ON
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