Savills is proud to present a strategic investment opportunity involving three lots totaling approximately 550,000 square feet, ideally located along Rue des Cerisiers. This property benefits from a prime location, in close proximity to the Rivière-du-Loup shopping center and a variety of service businesses, while enjoying quick access to major highways, including Route 132 and Highway 85 – a major axis connecting the Bas-Saint-Laurent at the American Border.
The property is also well integrated into a mixed urban environment, just minutes from the city center, healthcare infrastructure, schools, and community amenities. This strategic location allows for residential redevelopment as the best and most profitable use, with the potential for approximately 412 medium-density units, spread over several phases.
This direction is supported by several factors: the City's favorable support for urban densification and the revitalization of well-served areas, strong local demand for residential products, and a growing regional market, marked by a steady increase in property values in recent years. In addition, the scarcity of largescale land available near essential services and downtown Rivière-du-Loup gives this property unique development potential, sought after by developers looking for high-absorption projects.