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495-515 Boul De La Concorde O
Laval, QC H7N 5L9
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Possibility to convert office units to apartments.
- The ground floor is 100% leased
- 2nd floor ideal for an owner-occupant wishing to set up their business.
EXECUTIVE SUMMARY
Commercial building for sale with a total area of 11,100 square feet, perfectly located on De la Concorde Ouest Boulevard, less than a 5-minute walk (400 meters) from De la Concorde metro station, and close to Place Bell, the university, and Montmorency metro station! The ground floor is 100% leased, while the second floor, which features several offices, is completely vacant, ideal for an owner-occupant wishing to set up their business. The lot has an area of 20,000 square feet. The ground floor generates gross annual revenues of $128,000. Zoning allows for commercial uses as well as residential use for 4 or more units! It is recommended to verify with the City of Laval regarding the possibility of converting the offices into residential units.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,100 SF
Building Class
C
Year Built
1990
Price
$3,595,000 CAD
Price Per SF
$323.87 CAD
Percent Leased
5%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.46 AC
Zoning
CA-22
Parking
21 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
111’ on Concorde Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Security System
- Signage
- Accent Lighting
- Recessed Lighting
- Air Conditioning
- Smoke Detector
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