987-991 Rue Côté
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987-991 Rue Côté
42,292 SF 100% Leased Office Building Montréal, QC H2Z 1L1 $6,923,040 USD ($164 USD/SF)
Investment Highlights
- Access to public transit and highway
- High exposure location
- Natural light exposure
- Retail amenities nearby
- Heavy commercialized area
Executive Summary
Strategically positioned across the street from the Montreal Convention Centre and Placed’Armes metro station, this stunning brick and beam building is ready for a transformation into a hotel.
Nestled on a tranquil street, a mere stroll from exceptional restaurants and bars, this property offers the perfect blend of convenience and serenity. The location is unparalleled, boasting close proximity to the World Trade Centre Montreal and other business hubs, and a short walking distance to universities and the iconic Notre-Dame Basilica. While the building isn’t designated as historic, its placement within a protected area ensures a unique blend of preserved charm and modernity. With approved conversion permits, the opportunity is yours to create an inviting haven in this prime Montreal location!
Nestled on a tranquil street, a mere stroll from exceptional restaurants and bars, this property offers the perfect blend of convenience and serenity. The location is unparalleled, boasting close proximity to the World Trade Centre Montreal and other business hubs, and a short walking distance to universities and the iconic Notre-Dame Basilica. While the building isn’t designated as historic, its placement within a protected area ensures a unique blend of preserved charm and modernity. With approved conversion permits, the opportunity is yours to create an inviting haven in this prime Montreal location!
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
42,292 SF
Building Class
B
Year Built
1870
Price
$6,923,040 USD
Price Per SF
$164 USD
Percent Leased
100%
Building Height
6 Stories
Typical Floor Size
7,049 SF
Building FAR
3.44
Lot Size
0.28 AC
Zoning
M.6C (Mixed Space Usage)
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Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (95)
Bike Score ®
Very Bikeable (88)
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987-991 Rue Côté
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