$1,075,000
ULS: 26178603
Duplex
for sale
126 - 128 Rue Ste-Anne, Varennes
Exceptional semi-commercial property on the Saint-Lawrence River in Varennes, offering rare potential for investors or owner-occupants. The ground-floor business is owner-operated (no lease to assume), with more than 50 authorized uses under acquired rights: professional services, health and wellness, specialty retail, creative studio, and more. Bright 4½ residential unit upstairs with terrace and stunning water views. Business (goodwill) also available, if desired.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
Addendum
A unique property in the heart of Varennes, combining a signature location, exceptional commercial versatility and strong long-term upside. Directly on the Saint-Lawrence River, facing the future municipal beach and steps from Parc de la Commune, this building offers an unmatched setting to grow a business or strengthen an investment portfolio.
Owner-operated commercial space
The ground-floor business is run by the owner, allowing a smooth and flexible transition to the buyer's preferred use--without taking over a lease. You may install your own business, reposition the layout or lease the space according to your strategy.
The business (modernized butcher shop) may be purchased separately, if desired.
Extremely rare flexibility of uses
With acquired rights in place, more than fifty replacement uses are permitted--an immense advantage in today's market. This opens the door to a wide range of possibilities, including:
-- Professional services (notary, architect, accountant, lawyer, engineering, brokerage, marketing agency, tech services);
-- Specialty retail (coffee shop, fine foods, bakery, natural products, art gallery, sports boutique, artisan goods, florist);
-- Health & wellness (medical clinic without lodging, massage therapy, aesthetics, hair salon, holistic care);
-- Creative or artistic studios, administrative offices, consulting space;
-- Technical services (specialized contractors, building mechanics, various professional trades).
This level of versatility is nearly impossible to find elsewhere in the area.
A strong foundation for appreciation
With the city's riverfront revitalization, upcoming municipal developments and the scarcity of semi-commercial waterfront properties, this address stands as a strategic, long-term investment. The upper level features a bright 4½ residential unit with a private terrace and panoramic river views--highly attractive for both owner-occupants and investors.
A complete asset for vision-driven buyers
Whether you wish to operate your business in an inspiring setting, create a destination space, or add a distinctive asset to your portfolio, this property offers the ideal blend of profitability, charm and lasting value.
Owner-operated commercial space
The ground-floor business is run by the owner, allowing a smooth and flexible transition to the buyer's preferred use--without taking over a lease. You may install your own business, reposition the layout or lease the space according to your strategy.
The business (modernized butcher shop) may be purchased separately, if desired.
Extremely rare flexibility of uses
With acquired rights in place, more than fifty replacement uses are permitted--an immense advantage in today's market. This opens the door to a wide range of possibilities, including:
-- Professional services (notary, architect, accountant, lawyer, engineering, brokerage, marketing agency, tech services);
-- Specialty retail (coffee shop, fine foods, bakery, natural products, art gallery, sports boutique, artisan goods, florist);
-- Health & wellness (medical clinic without lodging, massage therapy, aesthetics, hair salon, holistic care);
-- Creative or artistic studios, administrative offices, consulting space;
-- Technical services (specialized contractors, building mechanics, various professional trades).
This level of versatility is nearly impossible to find elsewhere in the area.
A strong foundation for appreciation
With the city's riverfront revitalization, upcoming municipal developments and the scarcity of semi-commercial waterfront properties, this address stands as a strategic, long-term investment. The upper level features a bright 4½ residential unit with a private terrace and panoramic river views--highly attractive for both owner-occupants and investors.
A complete asset for vision-driven buyers
Whether you wish to operate your business in an inspiring setting, create a destination space, or add a distinctive asset to your portfolio, this property offers the ideal blend of profitability, charm and lasting value.
Building details and property interior
Dimensions
22' 5" X 62' 6" irr.
Year constructed
1955
Roofing
Elastomeric membrane
Basement
Partially finished
Renovations
Electricity (2022), Heating (2022), Bathroom (2022), Plumbing (2022), Kitchen (2022)
Lot and exterior features
Lot area
437.10 m²
Water (access)
Waterfront (FLEUVE)
View
View of the water
Proximity
Daycare centre, Park, Bicycle path, Elementary school, High school, Highway
Room details
Unit 1 (Monthly residential revenue)
Kitchen
Level:
2nd level
Dimensions:
10'6" X 14'6" irr.
Flooring:
Wood
Details:
Dining room
Level:
2nd level
Dimensions:
10'3" X 12'4" irr.
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
10'4" X 10'6" irr.
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
4'11" X 6'5" irr.
Flooring:
Ceramic
Details:
Hall
Level:
2nd level
Dimensions:
5'3" X 9'0" irr.
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
9'7" X 9'10" irr.
Flooring:
Wood
Details:
Primary bedroom
Level:
2nd level
Dimensions:
10'3" X 13'6" irr.
Flooring:
Wood
Details:
Unit 2 (Commercial)
Rooms not detailed
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 201,100
- Building assessment
- $ 276,900
- Total
- $ 478,000
Taxes
- Municipal (2025)
- $ 5,893
- School (2025)
- $ 330
- Total
- $ 6,223
Annual expenses
- Insurance
- $ 2,560
- Total
- $ 2,560
Gross annual revenues (potential)
- Residential
- $ 22,680
- Commercial
- $ 54,000
- Total
- $ 76,680
Inclusions and exclusions
Inclusions
Washer-dryer, dishwasher of the residential unit
Mortgage payment calculator
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