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Commercial building for sale

1750, Rue Saint-Denis, Montréal (Ville-Marie), Neighbourhood Central

$4,690,000 +GST/QST or
$4,690,000 +GST/QST or

Commercial building for sale

1750, Rue Saint-Denis, Montréal (Ville-Marie), Neighbourhood Central

Features

Lifestyle
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Use of property
Commercial, Offices
Year built
1952
Available commercial area
From 3,334 sqft to 6,668 sqft
Lot area
3,468 sqft
Number of units
Office (2)
100

Description

Commercial property on the south west corner of St-Denis and Ontario E. Concreat structure with elevator servicing all floors including basement. 3 levels of 3,300 sq,ft./floor + full basement. Commercial ground floor occupied by Poulet Rouge restaurant and Bagel and Café = Ground Floor gross revenu = 213,000.00$. 2nd and 3rd floors currently vacant with potential gross revenue of 168,000.00$/year (retail or office) = Potential gross revenue = 381,000.00$ All taxes and expenses = 119,000$/year : Potential NOI = 262,000.00$. NB: upper-floors can be converted to residential units. Preliminary plans available upon request.
Centris No. 22227731

Listing broker

Fred Nardelli, Certified Residential and Commercial Real Estate Broker AEO

Fred Nardelli

Certified Residential and Commercial Real Estate Broker AEO

IMMEUBLES DIPLOMAT COMMERCIAL INC.

Real Estate Agency

Location

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Discover Montréal (Ville-Marie)

Population (2016) 87,168
Population variation between 2011 and 2016 6%
Population density 6,414 hab/km2
Unemployment rate (2016) 10%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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