Commercial building/Office for sale - Downtown$2,900,000 +taxes
$2,900,000 +taxes
Listing brokers : Emmanuelle Beaudet - Engel & Völkers ● Yannick Ménard - Engel & Völkers ● # 17000600
2
284.5 mc
1875
Description
Commercial and residential building in the heart of the Quartier Latin. Exceptional four-story property ideally located on Saint-Denis Street, at the center of one of Montréal's most vibrant neighborhoods. It offers outstanding visibility and generates stable annual revenues of $191,100 from its 2 residential units and 2 commercial units, representing a prime investment opportunity.
Details
- Heating system
- Electric baseboard units
- Water supply
- Municipality
- Heating energy
- Electricity
- Equipment available
- Wall-mounted air conditioning
- Distinctive features
- Environmental study phase 1
- Kind of commerce
- Brasserie
- Type of business/Industry
- Service
- Proximity
- Highway
- Public transport
- Sewage system
- Municipal sewer
- Zoning
- Commercial
- Residential
- 284.5 mc
- 1875
- 4
- 2
- Attached
- :
- 1
- 4
- 2
- :
- 2
- 4
- 2
- :
- 3
- :
- 4
- 2
- Refrigerator, stove, dishwasher, washer, dryer (included in the leases for units #2 and #3 at 1751 St-Denis).
- Tenants' personal belongings
Assessments
- $1,295,600
- $739,700
- 2026
- Sale with exclusion(s) of legal warranty - See listing broker(s)
Expenses
- Insurance - General spend
- :$28,701
- :Yearly
- Municipal Taxes - General spend
- :2026
- :$34,837
- :Yearly
- School taxes - General spend
- :2026
- :$1,537
- :Yearly
Addenda
Revenue Details:
- Commercial space at 1749 St-Denis: annual rent of $134,400 (triple net) plus additional rent of $48,900 (75% of operating expenses). Renewal option through 2045. Area of 2,730 sq. ft. plus 2,000 sq. ft. in the basement.
An agreement was reached between the landlord and the commercial tenant, St-Bock Brasserie Artisanale, regarding the rent payable under the lease.
The base rent under the lease is set at $11,200 per month until July 31, 2026, then at $12,000 per month from August 1, 2026 to July 31, 2027.
However, the landlord has granted the tenant a monthly rent reduction of $2,000 applicable to these amounts, through July 31, 2027.
- Commercial unit 1-1751 St-Denis: annual rent of $20,100
- Residential unit 2-1751 St-Denis: annual rent of $19,800
- Residential unit 3-1751 St-Denis: annual rent of $16,800
Building fully renovated in 2000.
Visits upon accepted promise to purchase.
- Commercial space at 1749 St-Denis: annual rent of $134,400 (triple net) plus additional rent of $48,900 (75% of operating expenses). Renewal option through 2045. Area of 2,730 sq. ft. plus 2,000 sq. ft. in the basement.
An agreement was reached between the landlord and the commercial tenant, St-Bock Brasserie Artisanale, regarding the rent payable under the lease.
The base rent under the lease is set at $11,200 per month until July 31, 2026, then at $12,000 per month from August 1, 2026 to July 31, 2027.
However, the landlord has granted the tenant a monthly rent reduction of $2,000 applicable to these amounts, through July 31, 2027.
- Commercial unit 1-1751 St-Denis: annual rent of $20,100
- Residential unit 2-1751 St-Denis: annual rent of $19,800
- Residential unit 3-1751 St-Denis: annual rent of $16,800
Building fully renovated in 2000.
Visits upon accepted promise to purchase.
Real Estate Brokers and Advisors
Emmanuelle Beaudet
Certified Residential and Commercial Real Estate Broker AEO (D1830)
Emmanuelle Beaudet Inc.
Real Estate Agency:
ENGEL & VÖLKERS MONTRÉAL (G7014)
Real Estate Shop ⬩ SIEGE SOCIAL
Yannick Ménard
Residential and Commercial Real Estate Broker (D1593)
Yannick Ménard Inc.
Real Estate Agency:
ENGEL & VÖLKERS MONTRÉAL (G7014)
Real Estate Shop ⬩ SIEGE SOCIAL