COMMERCIAL AND INDUSTRIAL BUILDING FOR SALE - For Sale
| Listing number | 9138 |
|---|---|
| ID | N/A |
| Price | $7,250,000.00/ - |
| Rooms | 0 |
| Type | Office building |
| Category | N/A |
| Lot size | 0.00ft2 |
|---|---|
| Year Built | - |
| Footage | 36,540.00ft2 |
| Floors / Stories | 0 |
| Parking | - |
| Is it a sublease? | No |
Description
This commercial and industrial building is ideally located in the heart of Montreal's technology hub, surrounded by major players like Microsoft, Facebook, and Mila. It represents a rare opportunity for any company looking to establish itself in a rapidly growing sector.
The building offers 36,540 sq. ft. of versatile space and benefits from permissive zoning. It features a 16-foot-high garage that can accommodate 10 cars (or be used for other purposes), tastefully furnished offices, and storage space.
Among its advantages are a loading dock, ample parking for easy deliveries and traffic flow, and a freight elevator for efficient material handling.
The building generates a potential gross income of $707,000 per year. Adding a third floor, rented at $30 to $35/sq. ft., would significantly increase the return, making this property a particularly attractive investment opportunity.
Located directly across from the new Gorilla Park, the building benefits from an attractive urban environment that increases foot traffic, improves visibility, promotes employee well-being, and enhances the area's appeal to technology and creative companies.
SALE PRICE $7,250,000
Potential Revenue $707,000
