For Sale Business

625 Somerset Street W

$120,000
Ottawa, Ontario K1R 5K3 MLS® X13248460
8 Parking spaces
Bldg=33.5 X 112.48 Ft Lot size
Fully Air Conditioned Hot Water Radiator Heat

About this home

Exceptional restaurant opportunity in the heart of Ottawa's vibrant Chinatown! This well-established business, Jadeland, is now available for sale (Business Only), offering a seamless transition for the next owner into one of the city's most iconic commercial corridors. The current owner has operated here for a remarkable 29 years! The unit features a functional layout with around 900 sq. ft. of dining space accommodating 11 tables and seating for 50-60 customers, complemented by an expansive 600 sq. ft. professional kitchen designed for high-volume service. Additionally, a basement provides ample storage space. The listing price includes all existing equipment, ensuring a truly turn-key operation from day one. Situated in a prime location with heavy pedestrian and vehicular traffic, this property enjoys unparalleled exposure and is steps away from diverse shops, residential hubs, and the LRT. 8 parking spaces available! Financial statements are available for qualified buyers upon request. Whether you choose to maintain the successful Jadeland legacy or introduce a fresh new culinary concept, this is a rare chance to secure a prominent foothold in a high-demand neighborhood. (id:28469)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Facts & features

Property

MLS® Number
X13248460
Property Type
Business
Neighbourhood
Chinatown
Community Name
4102 - Ottawa Centre
Parking Space Total
8

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Hot Water Radiator Heat
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
112 Ft ,5 In
Size Frontage
33 Ft ,6 In
Size Irregular
Bldg=33.5 X 112.48 Ft
Size Total Text
Bldg=33.5 X 112.48 Ft
Zoning Description
Tm[2185]h(16), Unassigned

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

625 Somerset Street W, Ottawa, Ontario K1R 5K3  ·  Get directions