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1st Floor - Unit 1-11
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Retail
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10,353 SF
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$1,859,219 USD
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Unit Size: 10,353 SF
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Condo Use: Retail
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Price: $1,859,219 USD
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Sale Type: Investment
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Price/SF: $179.58 USD
Description
Multi-tenant commercial asset totalling ±10,353 ft², located on the ground floor of an iconic 416-unit residential tower in the Plateau-Mont-Royal. Property for sale is 11 distinct commercial units, providing diversified income streams and reducing tenant risk.
Sale Notes
Located in the highly sought-after Plateau-Mont-Royal neighbourhood, in the heart of one of Montréal’s most vibrant areas, 3535 Papineau Avenue benefits from a prime location directly across from Parc La Fontaine. The iconic Les Dauphins sur le Parc building enjoys close proximity to Sherbrooke and Frontenac Metro Stations, as well as numerous shops, cafés, restaurants and major transportation routes. Built in 1971, this 28-storey building includes 416 residential units, ensuring a strong residential density and a steady potential customer base for the commercial spaces within the property. Several neighbourhood-serving businesses are already established in the building, including a dog grooming salon, fitness centre, convenience store, hair salon, nail salon and café, generating consistent pedestrian traffic. Thanks to its prime location facing the park and its strong residential presence, this commercial condo represents an excellent opportunity for an investor or owner-occupier looking to establish themselves in one of Montréal’s most dynamic neighbourhoods.
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