Prime commercial location on Taschereau Blvd. offering excellent visibility. For sale or lease (22$/sqft + 4.5$/sqft fees). 25,050 sq. ft. building (16,600 sq. ft. ground floor, 1,250 sq. ft. mezzanine and 7,200 sq. ft. basement) on a 39,822 sq. ft. lot with 55 parking spaces. Ideal for retail, medical clinic (near the hospital) or mixed-use redevelopment (high-density multifamily zoning). BC2 planning study and Altus market study identify ±173,500 sq. ft. of development potential (160+ residential units and ±26,000 sq. ft. commercial), over 8 storeys with incentive zoning. Two adjacent lots totaling ±11,400 sq. ft. are also available.
Strategic location on Taschereau Blvd. offering excellent visibility. Versatile property suitable for retail, medical clinic or professional office use, while offering significant mixed-use redevelopment potential.
PROPERTY CHARACTERISTICS
Total Building Area: 25,050 sq. ft. Ground Floor: 16,600 sq. ft. -- 15 ft. clear height Mezzanine: 1,250 sq. ft. -- 7.6 ft. ceiling Basement: 7,200 sq. ft. -- 8 ft. ceiling Land Area: 39,822 sq. ft. Parking: 55 spaces Loading: 3 doors -- 1 truck-height and 2 cube-truck-height Construction: Steel and brick Roof: Tar and gravel Year Built: 1961
SALE / LEASE
Asking Price: $6,500,000 Net Rent: $22.00/sq. ft. -- ground floor Estimated Operating Expenses: $4.50/sq. ft. Mezzanine: Included at no additional rent Basement: $6.00/sq. ft., with no additional operating expenses
ZONING
Multifamily residential and commercial uses: C1 -- Neighbourhood Commercial C2 -- Local Commercial C3 -- Regional Commercial (C0310 only)
REDEVELOPMENT
A BC2 urban planning study identifies significant mixed-use redevelopment potential:
Base Zoning: Up to 5 storeys Incentive Zoning: Potential for up to 8 storeys Development Potential: ±173,500 sq. ft. Projected Residential Component: 160+ units Projected Commercial Component: ±26,685 sq. ft.
An Altus market study, BC2 planning study and engineering studies addressing water capacity and soil bearing capacity are available.
ADDITIONAL LAND
Two neighbouring rear lots, lots 2 119 585 and 2 119 586, totaling ±11,400 sq. ft., are also available for an additional $1,000,000. They may provide additional parking or be incorporated into the redevelopment project.
Potential Combined Land Area: ±51,222 sq. ft.
The redevelopment concept incorporates the additional lots and incentive zoning and remains subject to municipal approvals. Purchasers and tenants should independently verify permitted uses and development parameters for their intended project.