Extremely well-located building on Maurice-Duplessis blvd. offering a total rental area of 37,267 SF. The building is equipped with sprinklers, air conditioning, and an elevator. Currently, the Government of Quebec occupies 45% of the total area, with a lease valid until 2031, which includes a 5-year renewal option. The potential annual income is ± $680,540, including 2,125 sq. ft. currently available for rent (1,025 SF on the ground floor and 1,100 SF on the upper floor). Additionally, the parking space corresponding to cadastre #1056367, measuring ± 6,100 sq. ft., is included in the sale price. A fabulous opportunity with lots of upside.
1989
NO MORTGAGE ASSUMPTION IS REQUIRED BY THE BUYER.
CURRENT OCCUPANCY RATE 94%. ONLY 2,125 SF ARE VACANT OUT OF A TOTAL RENTABLKE AREA OF 37,267 SF.
- The central HVAC system on the 2nd floor was changed in 2021.
- The building's roof was resurfaced in 2020.
RENT ROLL
* Daycare - area 3,260 sq. ft. - monthly rent $5,531
* Office - area 700 sq. ft. - monthly rent $1,550
* Store - area 2,650 sq. ft. - monthly rent $2,700
* Church - area 7,300 sq. ft. - monthly rent $8,581
* Beauty Salon - area 2,300 sq. ft. - monthly rent $3,327
* Government of Quebec - area 16,835 sq. ft. - monthly rent $26,593
* Dentist - area 2,097 sq. ft. - monthly rent $3,795
* Vacant second floor - area 1,100 sq. ft. - monthly rent $2,500
* Vacant ground floor - area 1,025 sq. ft. - monthly rent $2,135
1989
34,049.48 SF
Asphalt
Driveway : 35
Highway , Public transportation
Commercial
Electric baseboard units
Electricity
Elevator(s) , Central air conditioning , Sprinkler system
Municipality
Municipality
None.
None.
My name is ALBERT SAYEGH, RE/MAX real estate broker. How may I help you?
Do you have a question?
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Hello, my name is ALBERT SAYEGH, real estate broker. Contact me for more information.
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