625 Somerset Street W,Ottawa, ON K1R5K3
Ottawa, ON K1R5K3
Description
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:13843)
Details
| MLS # | X13248460 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 149 |
| Listing Provided By | COLDWELL BANKER SARAZEN REALTY | Jun Yu |
Features
| Zoning | TM[2185]H(16), Unassigned |
|---|
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Hot water radiator heat, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 8 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R5K3 |
| Listing VS Median (in K1R5K3) | |
Price: $120,000 low | high Med: $2,600,000 On site: 149 low | high Med: 26 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R5K3 |
| Listing VS Median (in K1R5K3) | |
Price: $120,000 low | high Med: $2,600,000 On site: 149 low | high Med: 26 | |
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