3855 Rue Sainte-Catherine E
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3855 Rue Sainte-Catherine E
2,000 SF Retail Building Montréal, QC H1W 2G3 £640,985 (£320/SF) 4.99% Net Initial Yield
Investment Highlights
- Retail amenities nearby
- Ample parking
- Heavy commercialized area
- Access to public transit and highway
- High exposure location
Executive Summary
Commercial building for sale, approx. 2,000 sq. ft. on 5,332 sq. ft. lot, leased by a La Belle Province restaurant until March 2027 plus renewal option until April 2032. Revenue is $29,887/year triple net. The roof was recently redone and extensive interior renovations were undertaken upon the arrival of the current tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1960
Price
£640,985
Price Per SF
£320
Net Initial Yield
4.99%
NOI
£31,982
Tenancy
Single
Number of Floors
1
Building FAR
0.38
Lot Size
0.12 AC
Frontage
63 ft on St-Catherine St E
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
1 of 4
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3855 Rue Sainte-Catherine E
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