Investment Site
85-87, Saint-Paul Street West
This investment property is situated in the highly sought-after Old Port of Montreal, showcasing a stunning architectural exterior with beautiful windows. The building boasts 22 high-quality office spaces and 25 secure underground parking spots, providing ample space for various businesses and tenants.
This site features a generous land size of approximately 15,000 square feet and a building area of approximately 81,000 square feet. With existing underground parking and office leases, this property presents an excellent investment opportunity for businesses seeking ample space and reliable income streams.
Located in the heart of Montreal’s lively and quintessential Old Port area, this site sits on the coveted corner of Saint-Paul Street West and Saint-Sulpice Street. This prime location offers unmatched access to the city’s most sought-after amenities and attractions, making it an ideal investment opportunity for businesses looking to thrive in a bustling urban center.
One of the site challenges is that all investment deals are based on gross leases. This factor needs to be taken into consideration by potential investors and landlords when evaluating the financial feasibility and profitability of the property.