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6105 Rue Saint-Jacques 3,219 SF Retail Building Montréal, QC H4A 2G5 $1,208,245 USD ($375.35 USD/SF) 3.32% Cap Rate
Investment Highlights
- Commercial or residential redevelopment opportunity
- Located on a high-traffic commercial artery close to local shops and services
- Less than 2 km away from the MUHC
- Commercial building with residential zoning in effect
- Excellent visibility
- STM 90 and 104 bus networks, towards Vendome Metro and Vendome EXO station
Executive Summary
Located at 6105, Saint-Jacques Street in Montreal, this commercial property represents a particularly attractive investment opportunity with the flexibility of use to maximize its potential.
Currently used as a car mechanics' shop, this location benefits from a wide variety of uses permitted by the Côtedes-Neiges / Notre-Dame-de-Grâces Borough's urban planning bylaws. An investor can choose to maintain its current use or an interesting residential development.
In addition to its close proximity to McGill Hospital, the building's prime location attracts considerable EastWest traffic. The availability of direct bus routes to the Vendôme Train Station and Metro Station also offers ideal travel flexibility.
Currently used as a car mechanics' shop, this location benefits from a wide variety of uses permitted by the Côtedes-Neiges / Notre-Dame-de-Grâces Borough's urban planning bylaws. An investor can choose to maintain its current use or an interesting residential development.
In addition to its close proximity to McGill Hospital, the building's prime location attracts considerable EastWest traffic. The availability of direct bus routes to the Vendôme Train Station and Metro Station also offers ideal travel flexibility.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,219 SF
Year Built
1951
Price
$1,208,245 USD
Price Per SF
$375.35 USD
Cap Rate
3.32%
NOI
$40,116 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.27 AC
Zoning
C.4A - Commercial
Parking
19 Spaces (5.9 Spaces per 1,000 SF Leased)
Frontage
101’ on Rue Saint-Jacques
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 2
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6105 Rue Saint-Jacques
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