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Listed by Jonathan Lamirande
$1,800,000
Est. payment /mo
8,710 SqFt
New
1168 Boul. Maloney E. Gatineau (gatineau), QC J8P1H9
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,710 sqft
Price per Sqft $206
MLS Listing ID 21902198
Style Detached
Year Built 1959
Tax Status Price + Taxes
Lot Size 0.345 Acres
Property Description
WOW!! A ONE-OF-A-KIND INVESTMENT OPPORTUNITY IN GATINEAU! This impressive,high quality motel rebuilt in 2008 features 17 guest rooms,2 res. units on the 2nd floor with potential for optimization,19 full bathrooms,1 half-bath,and over 20 parkings. Over $300,000 in potential annual revenue a true CASHFLOW opportunity! Nearly 9000 sqft of building space, over 15,000 sqft of land,poured concrete foundation,metal roofing,and a large basement with 9-foot ceilings.Exceptional value considering the cost of rebuilding a property of this scale.Strategically located on Maloney,near the airport,major highways,and less than 20 min from Ottawa !
Welcome to 1168 Maloney Blvd. East in Gatineau, a rare investment opportunity combining a motel operation, residential units, excellent potential for optimization, and a genuine cash flow opportunity.
Rebuilt in 2008, this imposing building offers nearly 9,000 sq. ft. of floor space on a lot of over 15,000 sq. ft. It includes 17 motel rooms, 2 residential apartments on the 2nd floor, 19 full bathrooms, 1 half-bath, and over 20 parking spaces.
With over $300,000 in potential annual revenue, this property represents a particularly attractive opportunity for an investor seeking a commercial asset that offers income, potential for optimization, and long-term value.
KEY FEATURES:
-17 motel rooms
-2 residential apartments on the 2nd floor
-Over $300,000 in potential annual income
-Cash flow opportunity
-Potential for optimizing residential spaces, subject to applicable permits
-19 full bathrooms + 1 half-bath
-Nearly 9,000 sq. ft. of building space
-Lot size of over 15,000 sq. ft.
-Over 20 parking spaces
-Cast-in-place concrete foundation
-Metal roof
-Municipal water and sewer services
-Large basement with ceilings approximately 9 ft. high
The second floor is a significant asset, featuring two residential apartments. This layout is ideal for an owner-operator wishing to live on-site or for an investor looking to further maximize the property's income. Depending on the buyer's plans, the space could offer potential for conversion into several additional residential units, subject to zoning, permits, and municipal approvals.
The spacious basement, with ceilings approximately 9 ft high, also provides valuable space for operations, storage, or various future projects. Historically, part of this space was used for laundry and storage.
The building's sheer scale is a major selling point in itself: it offers exceptional value considering the current cost of rebuilding a commercial building of this size and configuration.
STRATEGIC LOCATION: directly on Maloney Blvd. East, near Gatineau Airport, Highway 50, major thoroughfares, shops, and services, and less than 20 minutes from Ottawa.
A rare commercial opportunity combining over $300,000 in potential annual revenue, floor space, parking, residential units, and potential for optimization. A true cash flow opportunity for investors!
For more information, financial details, or to schedule a private tour, contact Jonathan Lamirande at 819-303-1809.
Welcome to 1168 Maloney Blvd. East in Gatineau, a rare investment opportunity combining a motel operation, residential units, excellent potential for optimization, and a genuine cash flow opportunity.
Rebuilt in 2008, this imposing building offers nearly 9,000 sq. ft. of floor space on a lot of over 15,000 sq. ft. It includes 17 motel rooms, 2 residential apartments on the 2nd floor, 19 full bathrooms, 1 half-bath, and over 20 parking spaces.
With over $300,000 in potential annual revenue, this property represents a particularly attractive opportunity for an investor seeking a commercial asset that offers income, potential for optimization, and long-term value.
KEY FEATURES:
-17 motel rooms
-2 residential apartments on the 2nd floor
-Over $300,000 in potential annual income
-Cash flow opportunity
-Potential for optimizing residential spaces, subject to applicable permits
-19 full bathrooms + 1 half-bath
-Nearly 9,000 sq. ft. of building space
-Lot size of over 15,000 sq. ft.
-Over 20 parking spaces
-Cast-in-place concrete foundation
-Metal roof
-Municipal water and sewer services
-Large basement with ceilings approximately 9 ft. high
The second floor is a significant asset, featuring two residential apartments. This layout is ideal for an owner-operator wishing to live on-site or for an investor looking to further maximize the property's income. Depending on the buyer's plans, the space could offer potential for conversion into several additional residential units, subject to zoning, permits, and municipal approvals.
The spacious basement, with ceilings approximately 9 ft high, also provides valuable space for operations, storage, or various future projects. Historically, part of this space was used for laundry and storage.
The building's sheer scale is a major selling point in itself: it offers exceptional value considering the current cost of rebuilding a commercial building of this size and configuration.
STRATEGIC LOCATION: directly on Maloney Blvd. East, near Gatineau Airport, Highway 50, major thoroughfares, shops, and services, and less than 20 minutes from Ottawa.
A rare commercial opportunity combining over $300,000 in potential annual revenue, floor space, parking, residential units, and potential for optimization. A true cash flow opportunity for investors!
For more information, financial details, or to schedule a private tour, contact Jonathan Lamirande at 819-303-1809.
Location
Province QC
Interior
Inclusions Furnace, hot water tank, all furnitures, a mini-fridge in every room, washer and dryer in the basement, receptionist cash register and mini locker, all inclusive items on site, one of the two stoves is located on the upper floor.
Exterior
Exterior Feature Upstairs: Beds, sofa, one of the two stoves Basement: Snowblower, extra beddings and linens
NEARBY SCHOOL & BUSINESS
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