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Commercial building for sale

4584, Avenue Papineau, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

$2,199,999 +GST/QST or
$2,199,999 +GST/QST or

Commercial building for sale

4584, Avenue Papineau, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

Features

Lifestyle
10235857 2199999 /en/commercial-buildings~for-sale~montreal-le-plateau-mont-royal/10235857?view=Summary /fr/batisse-commerciale~a-vendre~montreal-le-plateau-mont-royal/10235857 https://passerelle.centris.ca/redirect.aspx?NoMLS=10235857&Lang=E&source=centris.ca /en/commercial-buildings~for-sale~montreal-le-plateau-mont-royal/10235857/photos 45.5334098200 -73.5758998600 true
Use of property
Commercial
Year built
1932
Available commercial area
From 4,711 sqft to 18,845 sqft
Building area (at ground level)
4,711 sqft
Lot area
4,711 sqft
Number of units
Commercial (2)
Type of business
Reception hall
Additional features
Basement 6 feet or +, Near the REM
100

Description

ZONED SHORT TERM property (LODGE or HOTEL), 4 FLOORS ALL CONCRETE, Plan in 18 units, TURNKEY PROJECT, In hotel potential gross revenue between 1 & 1,527,800$ million dollars/year, permit filed, chartered appraisal of $7,345,000 in 14 units, Ceilings 12ft on the ground floor & 12ft on the upper floors, Surface area 4,711pc/floor & 18,845pc/total. Busy street (more than 50,000 cars per day), Elevator, Large windows, Most beautiful 360 degree view of Montreal and its emblems, Dream location (-15 mins walk from all services and 2 metro stations), Vacant neighboring land to avoid renting public space. Rare & unique opportunity!
Centris No. 10235857

Financial details

Municipal assessment (2018)
Lot $698,300
Building $498,500
Total $1,196,800
Taxes
Municipal (2022) $35,973
School (2022) $1,193
Total $37,166

Listing broker

Mathieu Leclerc, Residential and Commercial Real Estate Broker

Mathieu Leclerc

Residential and Commercial Real Estate Broker
MATHIEU LECLERC COURTIER IMMOBILIER INC.

PMML

Real Estate Agency
PMML, Real Estate Agency

Location

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Discover Montréal (Le Plateau-Mont-Royal)

Population (2016) 104,000
Population variation between 2011 and 2016 4%
Population density 12,855 hab/km2
Unemployment rate (2016) 8%

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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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