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Investment Highlights

  • The parking lot is mostly in front of the road to Saint-Jean, which is numerous.
  • Recent renovation
  • Lots of large windows on the 2nd floor which are the offices of the owners.

Executive Summary

Building with 4 commercial leases earning $70,200 annually + GST and TVQ.
Municipal and school tax; the amount is divided at 25% for each of the 4 tenants.
A commercial building including 4 leases, on the ground floor, the massage therapy, the hairdressing salon, a cosmetics store
for a vehicle and a lease on the 2nd floor where there are offices for professionals.
** 4 rooms with separate entrances with large windows and 3 rooms have a direct view of Chemin Saint-Jean in La Prairie.
Local 600 on the 2nd floor east would be available to the BUYER upon notice or there may be a lease for several years. This 2nd floor room has 4 offices; reception 21 x 18 ft IRR, Office 1:7.85 x 13 ft, Office 2:9.7 x 11.5 ft,
Office 3:15.4 x 13.4 ft, Office 4:15.4 x 10.35ft, including 2 heat pumps and an air conditioning unit, bathroom with corner shower,
floating and ceramic floor.
Room 602, the massage therapy. Room 604, the hairdressing salon. Room 606, the garage is a center for Cosmetics only for cars, height 17 feet, 2 doors on the ground, 1 garage door 14 high x 12 feet and 1 garage door 8 high x 10 feet, Heated by a natural gas air heater unit.
** 100 amp electrical panel each unit.
A new certificate of location (2024). Soil phases 1-2 and 3 have already been done in the past.
Centris: 12215523

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $70,200 $18.62

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $70,200
Annual Per SF $18.62

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,770 SF
Building Class
C
Year Built
1972
Price
$1,050,000 CAD
Price Per SF
$278.51 CAD
Cap Rate
6.51%
NOI
$68,400 CAD
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.13 AC
Zoning
C-032 - Commerciale et bureaux.
Parking
8 Spaces (2.12 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

BMO
Rôtisseries Benny & Au Coq
Starbucks
Tim Hortons
RBC Royal Bank
IGA
Rachelle Béry
CIBC
Sushi Shop
Thai Express
  • Listing ID: 34110959

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 600-606 Ch De Saint-Jean, La Prairie, QC J5R 2L3

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