LE CHTEAU DU FAUBOURGSAINT-JEAN STREET, THE HEART OF OLD QUBECSaint-Jean Street and Old Qubec symbolize the historical beauty of Qubec. The cobblestone-paved Saint-Jean Street, lined with shops and cafs, offers a lively and picturesque atmosphere. It leads to the heart of Old Qubec, home to the Chteau Frontenac and the Citadelle. Narrow alleyways and stone buildings evoke European charm, while some terraces offer stunning views of the Saint Lawrence River. It's a place where history blends with contemporary life, captivating visitors with its unique ambiance and preserved architecture.LUCRATIVE BUSINESS OPPORTUNITYThe business opportunity represented by the Chteau du Faubourg in Qubec is particularly attractive to buyers due to its diverse revenue streams and prime historical location.A true gem of Old Qubec, the Chteau du Faubourg is a Firstly, the two commercial spaces on the ground floor provide a stable rental income opportunity. These spaces are already leased to reliable local merchants, capitalizing on the tourist and residential traffic of Old Qubec. With these two stable commercial tenants, the buyer would benefit from a solid and regular income base.Secondly, the residential accommodation in the Chteau represents another revenue stream. Whether through historic residence dating back to the 19th century. With long-term leasing or as vacation rentals, this part of the property can generate additional steady income.Thirdly, the most attractive aspect is the tourist accommodation lodging. With five bedrooms and five full bathrooms, the Chteau du Faubourg can accommodate up to five couples per day. This setup is ideal for attracting tourists seeking an authentic experience in a historical and picturesque setting like Old Qubec. Income from the lodging can be substantial, especially during the peak its imposing neoclassical architecture and elegant stone tourist season when demand for accommodation is high.Finally, this property not only represents a secure financial investment with potential gross annual revenues exceeding $436, 000, but also an opportunity to contribute to the preservation and enhancement of Qubec's historical heritage. With effective management and a solid marketing strategy, the Chteau can not only be a profitable investment but also a source of pride in the portfolio of any owner passionate about the history and economic faades, the Chteau embodies the charm and history of the potential of this exceptional region.For any form of bed and breakfast or short-term rental operating permit, the buyer must apply for the permit from the City of Quebec. The buyer must also ensure they are accompanied by their accountant/tax advisor for any questions related to taxes and the commercial aspects of the property.region. Surrounded by meticulously maintained gardens and boasting picturesque views of the city, it stands as a living testament to Qubec's architectural heritage.
Email enquiry to The Agency | Montreal
Property ID: 310093889525