625 Somerset Street W, Ottawa
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:1945)
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Property details for 625 Somerset Street W, Ottawa
- Type
- Commercial
- Lot Size
- Bldg=33.5 x 112.48 FT
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 625 Somerset Street W
Active Listings
558
Min Price
$20,000
Max Price
$12,000,000
Avg Price
$855,019
Days on Market
70
days
Sold Listings
180
Min Sold Price
$99,000
Max Sold Price
$12,000,000
Avg Sold Price
$820,945
Days until Sold
82
days
Neighbourhood Census Data
Ottawa, Ontario
Population
416
Median Age
34.9
Median Income
$32,896
Dwelling Value
$501,084
Housing Tenure
Owners 26%
Renters 76%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.6
Pop. Density: 6,592.7/km²
Avg Shelter Cost: $1,786/mo
Owners with Mortgage: 69.2%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 50%
English only: 51.2%
French only: 1.2%
English and French: 47.6%
Median Household Income: $54,016
Median Employment Income: $33,237
Price History
Listed
June 5, 2026
by COLDWELL BANKER SARAZEN REALTY
Current Price
$120,000
Type
Commercial
For Sale
