A prime commercial opportunity in charming Old St-Eustache! Strategically located near residential neighborhoods, major thoroughfares and the future REM. Situated on a 12,000 sq. ft. lot, the property includes a commercial building and a garage. Excellent revenue potential, estimated at $165,000/year. Currently 100% vacant--ideal for establishing your business as an owner-occupant or for an investor (redevelopment project also possible; see MLS: 21987607).
Sale with exclusion(s) of legal warranty - See listing broker(s)
STRATEGIC OPPORTUNITY IN ST-EUSTACHE: INVESTMENT OR DEVELOPMENT
Seize the chance to acquire a prime real estate complex (97--107 St-Louis Street) in the heart of Old St-Eustache. A vast lot of over 17,000 sq. ft. offering two highly profitable avenues:
OPTION 1: INVESTMENT OR OWNER-OCCUPANT
- Inclusions: A spacious commercial building (2,150 sq. ft./floor), a double garage, a duplex, and 15 to 20 parking spaces. - Income: Historical revenue of $145,308/year, with optimization potential to $165,308/year. - Flexibility: Commercial space is fully vacant. Residential space is 50% occupied. Easy optimization!
OPTION 2: DEVELOPMENT (20-UNIT PROJECT)
- Advantageous zoning: Permits multi-family construction (12+ units) and mixed-use development (Zone H-07). - Developer-ready: Sold with recent architectural plans (Atelier Boréal) and 3 exterior design options for a superb 20-unit project (ranging from studios to 4½ units). - Densification: Solution already devised with the City to meet required parking space quotas.
PREMIUM LOCATION
Maximum visibility. Just minutes from highways (640, 13, 440), the future REM, and all neighborhood amenities (parks, schools, shops).
KEY INFORMATION
- Mandatory bundled sale: The commercial building must be sold together with the adjacent duplex at 97--97A St-Louis (Centris #21982022). - The site is subject to PIIA (Site Planning and Architectural Integration Program) regulations. - The buyer is responsible for verifying the compliance of their project with the competent authorities (zoning, permitted uses). - The seller's broker offers you, as the buyer, fair and equitable treatment, given that they represent the seller.
A rare opportunity in a rapidly developing area. Contact us to view the plans or schedule a visit!
Building details and property interior
Dimensions
67' 5" X 38' 11" irr.
Year constructed
1975
Siding
Wood
Garage
Heated, Detached, Double width or more
Basement
6 feet and more, Partially finished
Lot and exterior features
Lot size
152' 2" X 158' 1" irr.
Lot area
1,170.40 m²
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Garage (2), Driveway (19)
Proximity
Commuter train, Public transportation, Highway, Réseau Express Métropolitain (REM)
Characteristics
Heating System
Forced air
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
Lot assessment
$ 506,700
Building assessment
$ 643,300
Total
$ 1,150,000
Taxes
Municipal
(2025)
$ 17,795
School
(2025)
$ 808
Total
$ 18,603
Inclusions and exclusions
Exclusions
All furniture belonging to the tenant (in the garage space also)
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.