Description

Welcome to 3422--3424 Parc Avenue, a prime mixed-use opportunity ideally located at the corner of Parc Avenue and Sherbrooke Street West, in the heart of Milton-Parc (Plateau Mont-Royal). This mixed-use asset offers a rare owner-occupier and value-add opportunity in one of Montréal's most vibrant urban corridors. The existing building totals approximately 7,782 SF, including a semi-basement, with future expansion potential of up to ±1,119 SF on the second and third floors (subject to municipal approvals). The commercial component includes 479 SF at grade, connected to 2,356 SF of fully finished semi-basement space and 2,271 SF of mezzanine, all currently vacant. The space was previously occupied by the iconic Pullman Wine Bar for over 20 years, which closed in May 2024. The second and third floors consist of vacant residential/office units of approximately 1,500 SF and 1,094 SF, with the potential to reconfigure into 2 x 3.5 units per floor, subject to city approvals. Surrounded by cafés, restaurants, independent retailers, and cultural venues, the property benefits from strong daytime foot traffic driven by McGill University and nearby corporate offices, as well as the Saint-Laurent/Sherbrooke corridors. Mount Royal and Jeanne-Mance Park are just minutes away. Ideal for an owner-occupier seeking a flagship restaurant or commercial space on the ground floor with office or residential use above, or for investors looking to unlock value-add upside through renovations, repositioning, or adding tenants. Zoning: C.4-H * Maximum height: 4 floors / 53 ft (16 m) * FAR: 3 * Maximum site coverage: 85%