2500 Blvd Taschereau - Retail FOR SALE


Lemoyne, QC J4R 1T7
$6,500,000 CAD
450-600-7757
2500 Blvd Taschereau, Lemoyne, QC for Sale
$6,500,000 CAD
Retail - FOR SALE
1/7
null | Request Cap Rate

2500 Blvd Taschereau
Lemoyne, QC J4R 1T7


HIGHLIGHTS

  • Prime spot - minutes from Montreal, walking from hospital, and busiest intersection of the South-Shore
  • Good zoning - commercial and multi-storey dense residential
  • Available rapidly - 120 days

OVERVIEW

PROPERTY HIGHLIGHTS — 2500 BOULEVARD TASCHEREAU Versatile commercial property offering three distinct opportunities: continued retail/commercial occupancy, potential medical/professional conversion, or significant mixed-use redevelopment. BUILDING CHARACTERISTICS Total Building Area: 25,050 sq. ft. Main Floor: 16,600 sq. ft. Main Floor Clear Height: 15 ft. Mezzanine: 1,250 sq. ft. Mezzanine Ceiling Height: 7.6 ft. Basement: 7,200 sq. ft. Basement Ceiling Height: 8 ft. Land Area: 39,822 sq. ft. Parking: 55 spaces Loading: 3 dock doors — 1 truck-height and 2 cube-truck-height Construction: Steel and brick Roof: Tar and gravel Year Built: 1961 SALE & LEASE Asking Price: $6,500,000 — Main Property Additional Rear Lots: $1,000,000 — ±11,400 sq. ft. additional combined (2 separate lots) RENTAL OPPORTUNITY Rental Rate: $22.00/sq. ft. — Main Floor, net net net. Mezzanine included at no additional rent. Estimated Operating Expenses: $4.50/sq. ft. Basement: $6.00/sq. ft., with no additional operating expenses. The property provides a tenant with 25,050 sq. ft. of total usable building area, while the primary net rental rate applies to the 16,600 sq. ft. main floor. ZONING Multifamily residential (5 storeys, but more possible with special zoning and city contribution) C1 — Neighbourhood Commercial C2 — Local Commercial C3 — Regional Commercial (C0310 only) REDEVELOPMENT POTENTIAL A planning study completed by BC2 identifies significant mixed-use redevelopment potential. Base Zoning: Up to 5 storeys Incentive Zoning: Optimized at 8 storeys, but projects should be revised independently Potential Development Area: ±173,500 sq. ft. Projected Residential Component: 160+ units Projected Commercial Component: ±26,685 sq. ft. The redevelopment concept contemplates incorporating the available neighbouring lots and is subject to municipal approvals and applicable incentive-zoning requirements. Supporting due diligence includes an Altus market study (April 2025), an urban planning study by BC2, and engineering studies addressing water capacity and soil bearing capacity. ADDITIONAL LAND Two neighbouring rear lots — lots 2 119 585 and 2 119 586 — provide an additional ±11,400 sq. ft. of land and are offered together for $1,000,000. The additional land may be incorporated into a larger redevelopment project. Combined Land Area if Acquired: ±51,222 sq. ft.

FOR SALE DETAILS

PRICE

$6,500,000 CAD

PRICE/SF

$258 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

2500 Taschereau

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,822 SF

ZONING

Mutilres. and Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Julien MasseJulien Masse Inc.More Info
450-600-7757

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Julien MasseJulien Masse Inc.More Info
450-600-7757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.