1624 Rue Ste Catherine O.
Montréal (Ville-Marie), QC H3H

MLS: 16048991

$349,000

 
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Description

Rare opportunity to purchase this fully equipped restaurant inclusive of all kitchen equipment and furnishings, fully turnkey! Located in the heart of downtown Montreal on the main artery of Sainte-Catherine Street in Le Faubourg . The restaurant features 2100 square feet of space with an additional 720 square feet of off site storage. Lease renewed for a balance of 5 years (with another 5 year option) at very competitive rates. Available now.

CURRENT RENT | LOYER ACTUEL :
* Monthly base rent | Loyer de base mensuel : $13,125 ($75
/ sq.ft.)
**2nd option to renew the base rent shall be at fair market
rate
* Storage unit | Pièce de stockage : $1,065 / month ($17.76
/ sq.ft.)
**Shall be increased annually by the greater of the
escalation payable by the Tenant for the Operating
Expenses or for the Taxes for the premises, the whole on a
cumulative basis.
* CAM monthly | CAM mensuel (2023) : $3,464 ($19.79 /
sq.ft.)
* Gross rent | Loyer brut : $17,654 + GST/QST + utilities

BUILDING
Type Business sale
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CHARACTERISTICS
Water supply Municipality
Sewage system Municipal sewer
Zoning Commercial
Kind of commerce Restaurant

Kyle Greenbaum

Samuel Benizri

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