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170 Rue Vallilee 3,500 SF 100% Leased Retail Building Chute-aux-outardes, QC G0H 1C0 $63,279 USD ($18.08 USD/SF)
Investment Highlights
- Mixed-use configuration featuring a commercial storefront with an upper-level residential 4½ apartment.
- Municipal service infrastructure in place (water and sewer), providing lower utility risk for operations.
- Development flexibility with possible conversion of commercial floor to residential units subject to city approval.
Executive Summary
Positioned in the heart of Chute-Aux-Outardes’ town center, this dual-purpose property presents a versatile opportunity for business owners and investors seeking value and adaptability in a growing regional hub. The property occupies a sizable 21,000 sq. ft. lot and currently combines a ground-floor commercial area and an upper residential apartment, all within a single detached building upgraded for reliability.
The main level, formerly utilized as a furniture store and vehicle sales showroom, offers an expansive open space conducive to various commercial uses, such as retail operations, showrooms, or specialized services. Complementing this functionality, the property includes a full basement with a separate entrance for auxiliary use or additional storage capacity. On the second level, a bright 4½ apartment provides immediate rental income or owner-occupancy, enhancing flexibility and overall investment return.
Significant capital improvements have been completed, including a recently replaced roof and upgraded electrical panels, reducing near-term maintenance costs. Zoned for both commercial and residential purposes, the asset also permits potential conversion of the commercial floor into additional housing units, subject to municipal regulations and approvals—creating upside for redevelopment-minded buyers.
Located along a main thoroughfare and served by municipal water and sewer systems, the property offers ample onsite parking capacity with 31 spaces, maximizing convenience for customers and residents. This listing is well-suited for entrepreneurs, investors, or developers targeting mixed-use property strategies in Côte-Nord’s vibrant economic corridor.
The main level, formerly utilized as a furniture store and vehicle sales showroom, offers an expansive open space conducive to various commercial uses, such as retail operations, showrooms, or specialized services. Complementing this functionality, the property includes a full basement with a separate entrance for auxiliary use or additional storage capacity. On the second level, a bright 4½ apartment provides immediate rental income or owner-occupancy, enhancing flexibility and overall investment return.
Significant capital improvements have been completed, including a recently replaced roof and upgraded electrical panels, reducing near-term maintenance costs. Zoned for both commercial and residential purposes, the asset also permits potential conversion of the commercial floor into additional housing units, subject to municipal regulations and approvals—creating upside for redevelopment-minded buyers.
Located along a main thoroughfare and served by municipal water and sewer systems, the property offers ample onsite parking capacity with 31 spaces, maximizing convenience for customers and residents. This listing is well-suited for entrepreneurs, investors, or developers targeting mixed-use property strategies in Côte-Nord’s vibrant economic corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,500 SF
Year Built
1944
Price
$63,279 USD
Price Per SF
$18.08 USD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.16
Lot Size
0.51 AC
Zoning
Commercial
Amenities
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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170 Rue Vallilee
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