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Executive Summary

Exceptional opportunity! Discover this unique bar spread over two levels, consisting of 2 commercial condos + business assets. Located directly across from Îlot Dorchester, this strategic location is ideal in anticipation of the planned development (see addendum) zoned C2, C10, C20, C21. Permits for alcohol, dining, live performances, dancing, and terrace. Equipment included. Don’t miss this chance in the heart of a rapidly growing neighborhood.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 291
  • 2,739 SF
  • Retail
  • $615,648 USD ($224.77 USD/SF)
  • -
Sale Type Investment
APN/Parcel ID 1622859,1622874
Description
Located in the heart of Québec City's La Cité-Limoilou district, this ground-floor commercial condo offers a compelling opportunity for investors seeking a prime asset in a high-demand urban area. Situated within a mixed-use building, the property boasts direct street frontage on Rue Saint-Vallier Est, a lively stretch renowned for its creative businesses, independent shops, and cultural attractions.

The unit features an open layout and large front-facing windows, providing excellent visibility and abundant natural light—ideal for retail, professional services, or boutique office use. With no current tenant, investors have the flexibility to repurpose the space for owner-occupancy or lease it out, taking advantage of the neighborhood’s consistent foot traffic and increasing demand for commercial services.

La Cité-Limoilou is one of Québec City's most vibrant districts, combining historic charm with a youthful, entrepreneurial spirit. The property is conveniently located just minutes from Old Québec, the Saint-Roch tech hub, and major transit routes, including key bus lines and nearby access to Autoroute 440. The surrounding area features a mix of residential buildings, cafés, and creative studios, providing a built-in customer base and strong community engagement.

This property is an excellent choice for investors seeking a manageable, street-level commercial space in a walkable, culturally rich neighborhood with significant long-term potential. With a competitive asking price and versatile usage options, 291 Rue Saint-Vallier Est represents a strategic addition to any urban portfolio.
Sale Notes
Offered for sale in the heart of Québec City's La Cité-Limoilou district, this fully equipped restaurant space at 291 Rue Saint-Vallier Est represents a unique opportunity for culinary entrepreneurs or investors seeking a ready-to-operate venue in a prime, high-visibility location. Situated on the ground floor of a mixed-use building, the property boasts direct street access and an inviting façade along one of the city's most vibrant commercial corridors.

The interior is thoughtfully designed for restaurant operations, featuring existing kitchen infrastructure, service counters, and seating areas that enable immediate activation. Whether for a single operator or a co-ownership arrangement, the space is ready for a smooth transition into service, reducing upfront renovation costs and accelerating the path to revenue. The layout accommodates dine-in, takeout, and delivery models, while the surrounding neighborhood provides a built-in customer base from nearby residential buildings, offices, and cultural attractions.

La Cité-Limoilou is a walkable, creative district celebrated for its mix of historic charm and entrepreneurial spirit. The property is just minutes from Old Québec, the Saint-Roch tech hub, and major transit routes, ensuring accessibility for both locals and visitors. With strong foot traffic, active community engagement, and a competitive asking price, this turnkey restaurant condo is an exceptional acquisition for restaurateurs, investors, or culinary collectives looking to establish a presence in one of Québec City's most dynamic urban markets.
Unit Unit Size Condo Use Price NOI
Unit 291 2,739 SF Retail $615,648 USD ($224.77 USD/SF) -

Unit 291

Unit Size
2,739 SF
Condo Use
Retail
Price
$615,648 USD ($224.77 USD/SF)
NOI
-

Unit 291

Unit Size 2,739 SF
Condo Use Retail
Price $615,648 USD ($224.77 USD/SF)
NOI -
Sale Type Investment
APN/Parcel ID 1622859,1622874
Description
Located in the heart of Qu&#233;bec City&#39;s La Cit&#233;-Limoilou district, this ground-floor commercial condo offers a compelling opportunity for investors seeking a prime asset in a high-demand urban area. Situated within a mixed-use building, the property boasts direct street frontage on Rue Saint-Vallier Est, a lively stretch renowned for its creative businesses, independent shops, and cultural attractions.<br> <br> The unit features an open layout and large front-facing windows, providing excellent visibility and abundant natural light—ideal for retail, professional services, or boutique office use. With no current tenant, investors have the flexibility to repurpose the space for owner-occupancy or lease it out, taking advantage of the neighborhood’s consistent foot traffic and increasing demand for commercial services.<br> <br> La Cit&#233;-Limoilou is one of Qu&#233;bec City&#39;s most vibrant districts, combining historic charm with a youthful, entrepreneurial spirit. The property is conveniently located just minutes from Old Qu&#233;bec, the Saint-Roch tech hub, and major transit routes, including key bus lines and nearby access to Autoroute 440. The surrounding area features a mix of residential buildings, caf&#233;s, and creative studios, providing a built-in customer base and strong community engagement.<br> <br> This property is an excellent choice for investors seeking a manageable, street-level commercial space in a walkable, culturally rich neighborhood with significant long-term potential. With a competitive asking price and versatile usage options, 291 Rue Saint-Vallier Est represents a strategic addition to any urban portfolio.</li></ul>
Sale Notes
Offered for sale in the heart of Qu&#233;bec City&#39;s La Cit&#233;-Limoilou district, this fully equipped restaurant space at 291 Rue Saint-Vallier Est represents a unique opportunity for culinary entrepreneurs or investors seeking a ready-to-operate venue in a prime, high-visibility location. Situated on the ground floor of a mixed-use building, the property boasts direct street access and an inviting fa&#231;ade along one of the city&#39;s most vibrant commercial corridors.<br> <br> The interior is thoughtfully designed for restaurant operations, featuring existing kitchen infrastructure, service counters, and seating areas that enable immediate activation. Whether for a single operator or a co-ownership arrangement, the space is ready for a smooth transition into service, reducing upfront renovation costs and accelerating the path to revenue. The layout accommodates dine-in, takeout, and delivery models, while the surrounding neighborhood provides a built-in customer base from nearby residential buildings, offices, and cultural attractions.<br> <br> La Cit&#233;-Limoilou is a walkable, creative district celebrated for its mix of historic charm and entrepreneurial spirit. The property is just minutes from Old Qu&#233;bec, the Saint-Roch tech hub, and major transit routes, ensuring accessibility for both locals and visitors. With strong foot traffic, active community engagement, and a competitive asking price, this turnkey restaurant condo is an exceptional acquisition for restaurateurs, investors, or culinary collectives looking to establish a presence in one of Qu&#233;bec City&#39;s most dynamic urban markets.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 80,382 SF
Property Type Office (Condo)
Building Class B
Floors 6
Typical Floor Size 6,960 SF
Year Built 1902
Lot Size 0.16 AC
Zoning Commercial - zoned C2, C10, C20, C21. Alcohol permit, dining, entertainment, dancing, and patio.
Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
70/100
  • Listing ID: 38454269

  • Date on Market: 11/14/2025

  • Last Updated:

  • Address: 291 Rue De Saint-Vallier E, Québec, QC G1K 3P5

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