11820-11900 Av 1Re - Restaurant FOR SALE


Saint-georges, QC G5Y 2E1
$1,700,000 CAD
418-572-9731
11820-11900 Av 1Re, Saint-georges, QC for Sale
$1,700,000 CAD
Restaurant - FOR SALE
1/12
null | 9.01% Cap Rate

11820-11900 Av 1Re
Saint-georges, QC G5Y 2E1


HIGHLIGHTS

  • Income property 100% leased
  • Excellent investment strategically located in Saint-Georges
  • Permissive zoning C3-C4-C5-C7-C8-P1-P2-P3

OVERVIEW

Excellent investment opportunity: a fully renovated commercial building in 2016, offering a total area of 7,427 square feet over two levels, excluding the 3,700 square feet basement for storage. The lease is triple net until 2028, with annual increases based on the CPI, and there is only one tenant, stable and well-reputed. The location enjoys excellent visibility, making it an ideal opportunity for investors seeking a good return.

FOR SALE DETAILS

PRICE

$1,700,000 CAD

PRICE/SF

$229 CAD /SF

CAP RATE

9.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C, P

APN/PARCEL ID

2 995 784

ASK ABOUT THIS PROPERTY

Yannick ProulxEngel & VölkersMore Info
418-572-9731

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Yannick ProulxEngel & VölkersMore Info
418-572-9731

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.