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1041-1043 Rue Berri 2,469 SF 100% Leased Retail Building Montréal, QC H2L 4C4 $3,389,000 CAD ($1,372.62 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great neighbourhood
- Building has a gorgeous facade
- Close to amenities
EXECUTIVE SUMMARY
Attractive 19th century "bourgeoise" property, divided into two divided co-ownership units in the 1980s, but used as a single-family residence since 2008. The property still holds a declaration of co-ownership in the titles, but can be dissolved with a notice published once the acquisition completed. The property also has the advantage of being zoned M.3B, it is permitted to have commercial use in the basement, on the ground floor and on the level immediately above the ground floor( so 3 levels on 4). However, a transformation permit will be required to develop a commercial use. The property has an exceptional character and has two garages.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,469 SF
Building Class
B
Year Built
1870
Price
$3,389,000 CAD
Price Per SF
$1,372.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.96
Lot Size
0.03 AC
Zoning
M.3B - M.3B
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (89)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
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1041-1043 Rue Berri
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