212-220 Boul Saint-Luc - Storefront Retail/Office FOR SALE


Saint-jean-sur-richelieu, QC J2W 1J1
$1,900,000 CAD
450-347-7766
212-220 Boul Saint-Luc, Saint-jean-sur-richelieu, QC for Sale
$1,900,000 CAD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

212-220 Boul Saint-Luc
Saint-jean-sur-richelieu, QC J2W 1J1


HIGHLIGHTS

  • Corner positioning near one of the busiest commercial corridors with excellent visibility and strong daily vehicle activity
  • Immediate access to Carrefour Angrignon which strengthens retail draw and supports consistent customer traffic
  • Ten minute connection to downtown Montréal that enhances regional accessibility for tenants and customers
  • Private dock level loading that supports efficient operations for service oriented and retail users
  • Recent capital upgrades including roof replacement, refreshed parking surfaces, and enhancements to the electrical systems
  • Established tenant mix with efficient cost sharing that maintains low operating expenses and stable long term income

OVERVIEW

Situated at the highly visible corner of Boulevard St Luc and Highway 35, this premium retail and service asset offers investors a rare opportunity to acquire a stable income property in one of Saint Jean sur Richelieu’s strongest commercial corridors. The surrounding district is recognized for sustained population growth, high traffic counts, and exceptional accessibility, creating an environment that consistently attracts durable, service oriented tenants. The property totals 5105 square feet on a large 20,871 square foot lot, providing a high parking ratio, strong frontage, and long-term flexibility for additional development. The building has been attentively maintained since its original 1988 construction, with recent capital upgrades that include a full roof replacement, repaved parking surfaces, and modernization of the main electrical entrances offering both 120/240 V and 600 V capacities. These improvements reduce near-term capital expenditure risk and support a variety of retail and service uses. The asset is currently occupied by a collection of long-standing, high-quality tenants who contribute to steady revenue performance and minimal turnover. Gross annual income of approximately $128,300 is complemented by low operating expenses, further enhanced by a tenant covering 44.3 percent of building costs. This creates unusually efficient cash flow for an investor seeking secure income with minimal management intensity. For buyers interested in future value creation, the site provides meaningful upside through the potential addition of a second floor subject to municipal approval. Combined with its exceptional corner visibility, consistent traffic volume exceeding 25,000 vehicles per day, and proximity to essential commercial amenities, this property stands as a compelling long-term investment in a vibrant, growing market.

FOR SALE DETAILS

PRICE

$1,900,000 CAD

PRICE/SF

$361 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

4.79 AC

LAND SF

208,744 SF

ZONING

-

APN/PARCEL ID

6 538 994

ASK ABOUT THIS PROPERTY

Alexandre DesrochersRoyal LePage ExcellenceMore Info
450-347-7766

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Alexandre DesrochersRoyal LePage ExcellenceMore Info
450-347-7766

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