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$3,400
Available - For Rent
Listing ID: X13595940
Exceptional opportunity to establish a new venture in one of Ottawa's most prestigious and high-profile locations at the Royal Arch, the iconic gateway to Chinatown. Situated in the heart of West Centre Town, this vibrant and walkable neighbourhood benefits from outstanding transit connectivity via LRT Lines 1 and 2, and major bus routes-ensuring consistent foot traffic and visibility for your business . Somerset Ward consistently ranks as having the highest pedestrian activity in the city, offering daily, repeat customers, while the surrounding area provides a dense residential base of over 35,000 people within walking distance .This fully equipped, licensed dining room features 29 seats, a professional kitchen, and washroom facilities. Beyond its culinary potential, the space is well-suited to a variety of commercial concepts, including office or retail uses. Basement is also available for additional storage. A new lease is available with favourable terms: base rent of $3,400 per month up to Dec 2026, with property taxes and insurance at $800 per month (plus HST) ( approx). Utilities and waste management are billed separately. The unit also includes one dedicated parking space.Joining this location means becoming part of a supportive Business Improvement Area (BIA) that actively promotes the neighbourhood through major events, cultural initiatives, and streetscape enhancements-contributing to a clean, safe, and commercially active district . With competitive rents relative to nearby Centretown and the ByWard Market, this is a rare chance to secure a central address with unmatched exposure and versatility. No Cannabis use, No coffee shop, No Barber shop. Assets NOT included.
Price $3,400
Minimum Rental Term: 60
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 690-B Somerset Street West , West Centre Town, K1R 6P4, Ottawa
Postal Code: K1R 6P4
Province/State: Ottawa
Directions/Cross Streets: Somerset & Cambridge St N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Service
Building Percentage: F
Total Area: 850
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Franchise: F
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER FIRST OTTAWA REALTY

690-B Somerset Street West , West Centre Town, K1R 6P4, Ottawa

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Commercial Retail
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style:
Lot Size: x 99.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative pic sales@bestforagents.com Your Company Name, Brokerage Independently owned and operated. pic 4711 Yonge Street, 10th Floor , Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 | Cell: 416-548-7854
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