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Posted

To clarify, the building is for sale, the 2 businesses (Stock and Unity); are not for sale. 

 

iconic building in downtown Montreal. Housing two Village institutions, in operation for over 25 years. Le Stock Bar, 6,800 sq ft on the ground floor, plus a full‑size basement. Club Unity on the second and third floors, plus a huge rooftop terrace. The building also has a very large parking lot of 3,268 sq ft. Building in very good condition having undergone major renovations. Exceptional income of $350,000 per year. And the tenants pay all business taxes, in the amount of $90,265 for the year 2025. The building has two addresses, 1171 Ste-Catherine East and 1400 Montcalm. GST/QST must be added to the asking price

Posted (edited)
33 minutes ago, john4112nola said:

To clarify, the building is for sale, the 2 businesses (Stock and Unity); are not for sale. 

Correct. Also, Stock (+ Stock’n’Soda) and Club Unity are independent of each other, not operated by the same entity. What is unclear is whether they are currently leasing. A listing is not a sale. I imagine it would need to be sold prior to any venue closures, also depending on prospective new owner’s goals.

Edited by SirBillybob
Posted (edited)


 

If the new owners of the property opt to demolish and put up a high rise then the current tenants will have to vacate. 

Edited by Luv2play
Posted

That whole strip of St. Catherine is in a sorry state but so too is Church St. in Toronto (with the block at the NW of Church and Welsley now slated to become a highrise). The only Gayboroughood left in Canada with some vibrancy is in Vancouver.

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