296 Somerset Street

Lower Town - Sandy Hill, ON

4,600 sqft • Sale Of Business • 259 days on market

$199,900

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!

Listing Details

Taxes (2024): $12,777
Listed: December 13, 2025

Price History

Listing history

Property

Lot Size: 39.89 x 99.93 Feet

Location & Legal

Cross Street: Russell
Zoning: R4H(480)
Possession: Immediate

Commercial

Business Type: Restaurant
Occupancy: Tenant

Community

Postal area K1N

Population: 26,639
Private dwellings: 17,122
Median age: 34
Average household size: 1.8
Median household income: $64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Lower Town - Sandy Hill · last 12 months

Median sold price: $470,000
Homes sold: 227
Median days on market: 34
Sale-to-list price: 96.7%

Based on 227 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.

Listed by

REMAX BOARDWALK REALTY

Walk Score

Walk

Transit

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Scores by Walk Score®

Location

Street View

Commercial figures

Building area: 4,600 sq ft
Price per sq ft: $43.46
Annual property tax: $12,777
Tax per sq ft: $2.78

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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