Strategic investment in the heart of the Plateau! Located on pedestrian Prince-Arthur St (Walk Score 100), this 1896 building is the perfect site for a Laundry Lounge & Coffee Bar concept. Target the high demand from local students and residents lacking in-unit laundry facilities. Key Highlights: Vacant Ground Floor: Former creamery (existing plumbing infrastructure), ideal for a café-laundromat. Stable Income: Large 10 ½ rented for $4,500/mo. Potential Gross: $75,600/yr. Steps from Square St-Louis. Combine residential stability with a high-yield commercial development project.
24'80" X 46'80"
1896
Stone
Brick
Asphalt and gravel
6 feet and more
STRATEGIC LOCATION & SECURE INCOME Seize the opportunity to acquire a prime real estate asset on the iconic pedestrian Prince-Arthur Street East. This semi-commercial duplex blends historic charm (1896) with modern high-yield potential.
COMMERCIAL POTENTIAL: "LAUNDRY LOUNGE" CONCEPT The vacant ground-floor retail space is the ideal canvas for a hybrid "wash & social" concept.
Target Market: High density of students and young professionals in the immediate area who lack in-unit laundry.
Technical Advantage: Former creamery with existing heavy-duty plumbing and drainage infrastructure, significantly reducing startup costs for a commercial laundromat.
Visibility: Constant foot traffic and summer terrace potential on a famous pedestrian thoroughfare.
PREMIUM RESIDENTIAL UNIT
Income: Stable revenue of $4,500/month until April 30, 2026.
Layout: Massive 10 ½ spread over two levels, filled with natural light, providing immediate financial security for the investor.
FINANCIAL HIGHLIGHTS
Potential Gross Income: $75,600.
Estimated Net Operating Income: $61,448.
Walk Score: 100.
An exceptional opportunity for an investor or owner-occupant to maximize the yield of a strategic asset in the heart of the Plateau.
24'80" X 46'80"
1896
Stone
Brick
Asphalt and gravel
6 feet and more
81'4" X 37'
Highway , Réseau Express Métropolitain (REM) , Commuter train , Public transportation
Commercial , Residential
Electric baseboard units
Municipality
Municipality
My name is GAEL LESCALIER, RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX DU CARTIER | 1290 rue Bernard Ouest Bureau 100, Montréal, Québec, H2V 1V9
RE/MAX DU CARTIER | 1290 rue Bernard Ouest Bureau 100, Montréal, Québec, H2V 1V9
Hello, my name is GAEL LESCALIER, real estate broker. Contact me for more information.
Hello, my name is ALEXANDRA RUSNOV, real estate broker. Contact me for more information.
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