Frontage
Exterior
Exterior
Back facade

179 - 189 Rue Ste Catherine E., Montréal (Ville-Marie), QC H2X 1K8

$3,900,000

  • 0 Bedrooms
  • 0 Bathrooms
  • 1927
  • MLS: 12497496

Description

Corner gem at Sainte-Catherine East & Hôtel de Ville! Three floors: hotel above, donut shop, and vacant retail (ex-Henri Henri hat store) on ground. Ideal for owner-use or tenant lease--all renovations by tenants. High foot traffic, prime location, classic charm.

**Prime Commercial Corner Opportunity at Sainte-Catherine Street East & Hôtel de Ville, Montreal**

Unlock the potential of a landmark property at the vibrant heart of Montreal--Sainte-Catherine Street East and Hôtel de Ville. This three-story mixed-use building is a magnet for foot traffic and offers a unique investment opportunity for buyers seeking both stability and flexibility.

**Property Highlights:**

- **Prime Corner Location:** Positioned at one of the city's busiest intersections, your investment will benefit from exceptional visibility, high pedestrian traffic, and close proximity to public transit, major attractions, and the lively Quartier des Spectacles. - **Versatile Tenant Mix:** - **Ground Floor:** Features an established donut shop and one vacant retail space--previously occupied by the legendary Henri Henri Ltée hat store, known for its decades-long legacy. - **Upper Floors:** Host a successful hotel, providing a reliable income stream and a built-in customer base for ground-level retail. - **Flexible Use:** The vacant retail space is ready for your vision--ideal for a boutique, café, restaurant, or creative business. As the owner, you can occupy the space or lease it to a new tenant to maximize your returns. - **Tenant-Driven Improvements:** All current and future tenants are responsible for their own renovations and improvements within their units, reducing your ongoing costs and management responsibilities. - **Historic Charm, Modern Potential:** The building's classic architecture and prominent corner placement ensure strong curb appeal and branding opportunities for any business.

**Why Invest?** This property is perfect for buyers looking to enter or expand in Montreal's thriving commercial market. With a proven tenant mix, a renowned address, and the flexibility to use or lease the vacant retail space, you'll enjoy both immediate income and long-term appreciation.

Seize this rare opportunity to own a piece of Montreal's commercial legacy--where tradition meets opportunity.

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ROOM DETAILS
Room Dimensions Level Flooring
N/A
BUILDING
Type Commercial building/Office
Style Attached
Dimensions 23.16x15.1 M
Lot Size 351.4 MC
EXPENSES
Insurance $ 19846 / year
Municipal Taxes (2026) $ 73258 / year
School taxes (2025) $ 2056 / year
CHARACTERISTICS
Basement 6 feet and over, Finished basement
Kind of commerce Coffee/Donuts, Hotel
Zoning Commercial
Sewage system Municipal sewer
Water supply Municipality
Proximity Public transport
Type of business/Industry Retail
This property is presented in collaboration with EXP AGENCE IMMOBILIÈRE