Strategic investment in the heart of the Plateau! Located on pedestrian Prince-Arthur St (Walk Score 100), this 1896 building is the perfect site for a Laundry Lounge & Coffee Bar concept. Target the high demand from local students and residents lacking in-unit laundry facilities. Key Highlights: Vacant Ground Floor: Former creamery (existing plumbing infrastructure), ideal for a café-laundromat. Stable Income: Large 10 ½ rented for $4,500/mo. Potential Gross: $75,600/yr. Steps from Square St-Louis. Combine residential stability with a high-yield commercial development project.
Sale with exclusion(s) of legal warranty - See listing broker(s)
STRATEGIC LOCATION & SECURE INCOME Seize the opportunity to acquire a prime real estate asset on the iconic pedestrian Prince-Arthur Street East. This semi-commercial duplex blends historic charm (1896) with modern high-yield potential.
COMMERCIAL POTENTIAL: "LAUNDRY LOUNGE" CONCEPT The vacant ground-floor retail space is the ideal canvas for a hybrid "wash & social" concept.
Target Market: High density of students and young professionals in the immediate area who lack in-unit laundry.
Technical Advantage: Former creamery with existing heavy-duty plumbing and drainage infrastructure, significantly reducing startup costs for a commercial laundromat.
Visibility: Constant foot traffic and summer terrace potential on a famous pedestrian thoroughfare.
PREMIUM RESIDENTIAL UNIT
Income: Stable revenue of $4,500/month until April 30, 2026.
Layout: Massive 10 ½ spread over two levels, filled with natural light, providing immediate financial security for the investor.
FINANCIAL HIGHLIGHTS
Potential Gross Income: $75,600.
Estimated Net Operating Income: $61,448.
Walk Score: 100.
An exceptional opportunity for an investor or owner-occupant to maximize the yield of a strategic asset in the heart of the Plateau.
Building details and property interior
Dimensions
24' 8" X 46' 8"
Year constructed
1896
Siding
Brick
Roofing
Asphalt and gravel
Basement
6 feet and more
Lot and exterior features
Lot size
81' 4" X 37'
Proximity
Highway, Réseau Express Métropolitain (REM), Commuter train, Public transportation