Business for sale

115-117 Prom. du Portage, Gatineau (Hull), Outaouais

$1,650,000+ GST-QST
115-117 Prom. du Portage
Gatineau (Hull)
Type
Business
Bedrooms
N/A
Living area
7964 Square Feet
Bathrooms
N/A
MLS® 17199033

Property description

Iconic commercial building offering outstanding visibility in the heart of Old Hull. This heritage property of approximately 8,000 sq. ft. is home to the renowned SOLENA nightclub and a second-floor professional office generating rental income. Ideally located on Promenade du Portage, in one of Gatineau's fastest-growing districts, this is a rare opportunity for investors or owner-occupiers. Exceptional potential for hospitality, entertainment, retail or a wide range of commercial uses.

Details

Highway, Public transportation

Municipal $33,403
School $824
Electricity $13,638
Gas $8,655
Living area 7964 Square Feet
Land area 4451.95
Dimension of the front of the land 17.68
Dimension of the depth of the land 26.85
Year built 1940
Municipal assessment (land) $434,300
Municipal assessment (building) $609,600
Municipal assessment (total) $1,043,900
Assessment year 2026
Number of stories 2
Available services Natural Gas Connected, Sewer Connected, Water Connected
Basement Crawl space, Low (less than 6 feet), Unfinished
Business type Bar
Distinctive features Attached corner unit
Equipment available Central air conditioning
Foundation Concrete blocks
Heating energy Natural gas
Heating system Forced air
Roofing Elastomeric membrane
Sewage system Municipality
Siding Brick, Stone, Stucco
Structure type Building
Water supply Municipality
Windows Aluminum
115-117 Promenade du Portage, Gatineau: A rare investment opportunity in the heart of Old Hull. This approximately 8,000 sq. ft. commercial building combines historic character, a prime downtown location and outstanding long-term investment potential in one of Gatineau's most rapidly evolving neighbourhoods. The property consists of two commercial spaces: Ground floor, mezzanine and part of the second floor - Occupied by SOLENA, one of the region's best-known nightlife destinations. - Approximately 6,000 sq. ft. - Estimated market rental value of approximately $13,000-$15,000/month (NNN). Remaining portion of the second floor - Professional office space totaling approximately 2,000 sq. ft. - Lease in place until September 30, 2026, with one 5-year renewal option. - Rental income of $3,264.54/month, plus applicable taxes. A location positioned for future growth Situated directly on Promenade du Portage, the property benefits from exceptional exposure, strong pedestrian traffic and immediate access to Gatineau's downtown core, government offices, restaurants, entertainment venues and Ottawa. The surrounding area is undergoing significant redevelopment, with thousands of new residential units planned over the coming years. Major projects are underway throughout Wellington Street, Promenade du Portage, Saint-Rédempteur, Champlain, Montcalm, Eddy, Zibi and neighbouring districts, reinforcing the area's long-term growth and investment appeal. The future relocation of the Ottawa Senators arena to LeBreton Flats, approximately 2 km from the property, is also expected to further enhance the district's economic activity and commercial demand. Property Highlights - Landmark heritage commercial building. - Approximately 8,000 sq. ft. of commercial space. - Existing rental income. - Prime location in the heart of downtown Old Hull. - Outstanding visibility along one of Gatineau's busiest commercial corridors. - Opportunity for owner occupancy or continued investment. Suitable for a wide variety of commercial uses, including restaurant, entertainment venue, retail, office or mixed-use concepts. - Opportunity to acquire the liquor licence associated with the property (subject to negotiation). One of the very few bar-class liquor licences on Hull Island permitting dancing, live entertainment, an indoor capacity of 285 patrons and an outdoor terrace accommodating 31 patrons. - Opportunity to purchase the existing bar equipment (subject to negotiation), allowing for a seamless business transition. - A certified appraisal completed in Fall 2025 estimated the building's value between $1.9 million and $2.0 million. A truly exceptional commercial property combining heritage character, income potential, a premier location and outstanding upside in one of Gatineau's most desirable investment markets.

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