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1251-1253 Rue de Champlain
Montréal, QC H2L 2R9

Retail Property For Sale

Restaurants Quebec Montréal 1251-1253 Rue de Champlain, Montréal, QC H2L 2R9

Investment Highlights

  • VACANT unit on the main floor to either convert into a two story loft (peror use as a commercial space
  • Located in the new trendy area: "Quartier des Lumières" by Groupe Mach
  • 5 minute walk to the PAPINEAU subway station, TVA and CBC (Radio-Canada)

Executive Summary

6-unit multi-residential building located in the heart of the future "Quartier des lumières". 5-minute walk to Papineau Metro, Radio-Canada and TVA. 1st floor actually VACANT to convert into a 2 story loft (permit obtained). Energy costs to be paid by tenants. Excellent rental clientele. 1st floor can be used for a commercial space also

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,974 SF
Building Class
B
Year Built
1937
Price
£943,216
Price Per SF
£478
Net Initial Yield
4.99%
NOI
£47,055
Percent Leased
100%
Number of Floors
2
Building FAR
0.37
Lot Size
0.12 AC
Zoning
R.2 - Residential zone

Amenities

  • Bus Route
  • Restaurant
  • Accent Lighting
 

  • Listing ID: 31471077

  • Date on Market: 10/04/2024

  • Last Updated:

  • Address: 1251-1253 Rue de Champlain, Montréal, QC H2L 2R9

The Retail Property at 1251-1253 Rue de Champlain, Montréal, QC H2L 2R9 is currently available for sale. Contact PMML for more information.

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