296 SOMERSET STREET E, Ottawa, Ontario, K1N 6W1

MLS® # X12634476

Commercial For Sale In Sandy Hill - Ottawa East, Ottawa, Ontario

$199,900

None Beds

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296 SOMERSET STREET E, Ottawa, Ontario, K1N 6W1

$199,900

Property Information:

Business Opportunity! Well established restaurant and in fantastic location. This property opens up endless possibilities to increase foot traffic business run well with students and new development. With a lot more room to grow, this restaurant is ready for your new business skill set. It provides a welcoming atmosphere for clients. Turnkey operation with immediate income. Excellent location and huge client base as well! Four blocks away from University of Ottawa. This restaurant business allows you to create a space tailored to your own creative business ideas as well. Strong established customer base with great exposure. Don't miss out on this incredible opportunity in a prime area. This is an opportunity you do not want to pass. Show it today! (id:27)

Building Features:

Style: Business
Air Conditioning: Yes
Floor Space: 4600 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Business
Amenities Nearby: Public Transit, Recreation
Floor Space (approx): 4600 Square Feet
Irregular: Yes
Lot Depth: 99.9 Feet
Lot Frontage: 39.8 Feet
Lot Size: Bldg=39.89 x 99.93 FT
Zoning: R4H(480)

Courtesy of: REMAX BOARDWALK REALTY

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Market Price Trends

Single family detached

3.68%

Price change (1 year)

21.86%

Price change (5 years)

All Properties

-3.17%

Price change (1 year)

6.55%

Price change (5 years)

Location of 296 SOMERSET STREET E, Ottawa, Ontario, K1N 6W1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 296 SOMERSET STREET E , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.2℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 296 SOMERSET STREET E , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past

319.7mm

2050

409.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 296 SOMERSET STREET E, Ottawa, Ontario, K1N 6W1

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$127,157.76

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.0 %

High school certificate or equivalent

35.51 %

Apprenticeship trade certificate/diploma

0.72 %

College/non-university certificate

9.8 %

University certificate (below bachelor)

2.99 %

University Degree

46.99 %

Commuter

Travel To Work

By Car

30.58 %

By Public Transit

27.44 %

By Walking

31.79 %

By Bicycle

5.91 %

By Other Methods

4.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.04 %

Houses

14.96 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 296 SOMERSET STREET E, Ottawa, Ontario, K1N 6W1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 296 SOMERSET STREET E, Ottawa, Ontario, K1N 6W1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

296 SOMERSET STREET E, Ottawa, Ontario, K1N 6W1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing