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125 Des Mimosas Rue 1,243 SF Office Condo Unit Offered at $424,900 CAD in Saint-jean-sur-richelieu, QC J2X 5P7
Investment Highlights
- 1,243 sq. ft. ground-floor commercial condo built in 2014.
- Fully leased to a major insurance and financial services company until 2031.
- Annual rental income of $36,500 with indexed increases.
- Modern construction with low operating costs and strong tenant covenant.
Executive Summary
The property at 125 Rue des Mimosas, #102, Saint-Jean-sur-Richelieu, is a commercial condominium constructed in 2014. It comprises 1,243 square feet of office space on the ground floor and is currently leased to a financial services tenant under a long-term agreement. The property is located near major transportation routes and residential developments, with municipal water and sewer services available.
Property Facts
| Total Building Size | 10,972 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 6,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2014 |
| Building Class | B | Parking Ratio | 4.83/1,000 SF |
| Total Building Size | 10,972 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 6,000 SF |
| Year Built | 2014 |
| Parking Ratio | 4.83/1,000 SF |
1 Unit Available
Unit 102
| Unit Size | 1,243 SF | Condo Use | Office |
| Price | $424,900 CAD | Sale Type | Investment |
| Price Per SF | $341.83 CAD |
| Unit Size | 1,243 SF |
| Price | $424,900 CAD |
| Price Per SF | $341.83 CAD |
| Condo Use | Office |
| Sale Type | Investment |
Description
This ground-floor commercial condominium in Saint-Jean-sur-Richelieu offers a turnkey investment opportunity with a secure, long-term tenant in place. Built in 2014, the 1,243-square-foot unit is currently leased to a major insurance and financial services company under a contract extending until 2031, generating annual revenues of $36,500 with indexed increases.
Sale Notes
The space is designed for professional use, featuring a mix of open-concept work areas and enclosed offices, providing flexibility for future configurations. The property is located in a strategic sector near major roadways and adjacent to two large residential developments, ensuring strong visibility and accessibility. With low operating expenses and a reliable AAA tenant, this asset is ideal for investors seeking stable cash flow and minimal management requirements.
The building is well-maintained, constructed with quality materials, and offers modern amenities, including air conditioning and ample parking. Its location within a growing community enhances long-term value and demand for professional services.
Nearby Major Retailers
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125 Des Mimosas Rue
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