Main Photo: 700 SOMERSET STREET W in Ottawa: Business for sale : MLS®# 1399412
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Status:
Active
Prop. Type:
Business
MLS® Num:
1399412
Bus Major:
Restaurant
Bus Minor:
Restaurant
Rare opportunity to own a piece of Ottawa’s culinary history! This iconic restaurant, established over 40 years ago, 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 a total of arounf 9,600sqft! 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 also 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. (id:2493)
Property Type:
Business
Transaction Type:
For sale
Zoning:
TM[112]H(16)
Maintenance fees type:
Unknown, Water
Community:
West Centre Town
Major Business Type:
Restaurant
Minor Business Type:
Restaurant
Fireplace:
No
Acreage:
No
Lot Size:
* ft X 0 ft
Lot Details:
* ft X 0 ft
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Listed by COLDWELL BANKER FIRST OTTAWA REALTY
Data was last updated July 16, 2024 at 08:15 AM (UTC)
Area Statistics
Listings on market:
63
Avg list price:
$198,000
Min list price:
$49,500
Max list price:
$5,900,000
Avg days on market:
71
Min days on market:
4
Max days on market:
798
Avg price per sq.ft.:
$391.17
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.