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2 Rue De L'usine

3,703 SF 100% Leased Retail Building Baie-saint-paul, QC G3Z 1Y1 £775,090 (£209/SF) 8.43% Net Initial Yield

Investment Highlights

  • Great visibility on route 138
  • Possibility of expansion or residential project (6 units)

Executive Summary

Beautiful commercial building with visibility on route 138 near an exit. Building renovated and expanded in 2007 by the current owners, plumbing and electricity redone. Place of business regrouping several service and professional businesses, stable tenants with an occupancy rate close to 100%. Land of 36 000 m2 bordered by a river with possibility of expansion or residential project (6 units), ideal for investor or owner occupant.

Attachments

2 Rue de l'Usine

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
3,703 SF
Year Built
1999
Price
£775,090
Price Per SF
£209
Net Initial Yield
8.43%
NOI
£65,329
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.01
Lot Size
8.90 AC

Nearby Major Retailers

Tim Hortons
Mikes
Maxi
  • Listing ID: 26203014

  • Date on Market: 19/07/2022

  • Last Updated:

  • Address: 2 Rue De L'usine, Baie-saint-paul, QC G3Z 1Y1

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