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2 250 000$+TPS/TVQ

MLS: 11649132

Commercial building/Office for sale - Gatineau (Hull)

226 - 228 Rue Papineau, Gatineau (Hull), J8X 1W6

This real estate offering located at 226-228 Papineau Street includes a commercial building with heritage charm, paired with a large 6,536 sq. ft. lot at 0 Boulevard Maisonneuve. Positioned in a thriving area just minutes from downtown Ottawa, this site represents a rare opportunity for the development of a high-value residential or mixed-use project. Benefiting from a prime location with easy access to major roadways and public transit, the property is ideally suited for the construction of a multi-residential building. The current zoning allows for optimal densification.

Prime Location in Downtown Hull.

The LESSEE will leave on April 30, 2025. The building will be vacant as of May 1, 2025.

Boulevard Maisonneuve sees traffic of over 29,000 vehicles per day.

Zoning: CO-08-091 (H, CFI, CMI, P2) - 4 to 10 storeys permitted, minimum 2 units per building.

Major multi-residential development potential with the acquisition of adjacent lots: - Vacant lot at 225 Papineau Street - Duplex at 141-143 Champlain Street - Fourplex at 135-137 Champlain Street

The building was extended in 1995.

Sale without legal warranty of quality.

Addenda

Prime Location in Downtown Hull.

The LESSEE will leave on April 30, 2025. The building will be vacant as of May 1, 2025.

Boulevard Maisonneuve sees traffic of over 29,000 vehicles per day.

Zoning: CO-08-091 (H, CFI, CMI, P2) - 4 to 10 storeys permitted, minimum 2 units per building.

Major multi-residential development potential with the acquisition of adjacent lots: - Vacant lot at 225 Papineau Street - Duplex at 141-143 Champlain Street - Fourplex at 135-137 Champlain Street

The building was extended in 1995.

Sale without legal warranty of quality.

Dimensions

10.16 M X 11.5 M

Construction year

1910

Foundation

Poured concrete, Stone

Kind of commerce

Office

Siding

Brick

Roofing

Asphalt shingles

Building features

Dimensions

10.16 M X 11.5 M

Construction year

1910

Foundation

Poured concrete, Stone

Kind of commerce

Office

Siding

Brick

Roofing

Asphalt shingles

Dimensions

40.24 M X 30.18 M

Land area

1214 SM

Driveway

Asphalt

Distinctive features

Street corner

Proximity

Highway, Public transport

Parking

Outdoor

Type of business/Industry

Service

Land features

Dimensions

40.24 M X 30.18 M

Land area

1214 SM

Driveway

Asphalt

Distinctive features

Street corner

Proximity

Highway, Public transport

Parking

Outdoor

Type of business/Industry

Service

Heating system

Space heating baseboards, Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Equipment available

Ventilation system, Sign

Sewage system

Municipal sewer

Zoning

Commercial, Residential

Building features

Heating system

Space heating baseboards, Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Equipment available

Ventilation system, Sign

Sewage system

Municipal sewer

Zoning

Commercial, Residential

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Financial details

Municipal evaluation (2022)

Land evaluation

1 548 000 $

Building evaluation

325 400 $

Total

1 873 400 $

Taxes

Municipal ((2025))

47 795 $

Scolar (2025)

1 244 $

Total

49 039 $

Inclusions & exclusions

Inclusions:

Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases.

Exclusions:

Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases.