218-220 Boul Labelle - Restaurant FOR SALE


Rosemère, QC J7A 2H4
$3,495,000 CAD
450-234-7099
218-220 Boul Labelle, Rosemère, QC for Sale
$3,495,000 CAD
Restaurant - FOR SALE
1/13
null | 9.32% Cap Rate

218-220 Boul Labelle
Rosemère, QC J7A 2H4


HIGHLIGHTS

  • Visibility, Location
  • Access
  • Parking
  • Signage
  • Frontage

OVERVIEW

**Commercial Property - Investment Opportunity** **Unit 220: TOI, MOI ET CAFÉ** - **Size:** 3,400 sq. ft. + 2,500 sq. ft. basement, fully built out. - **Lease Expiration:** July 31, 2029, with a 10-year renewal option. - **Current Income:** $151,305/year + taxes and operating expenses ($51,370/year) + annual increases + management fees ($7,706/year) = **Total: $210,981/year**. **Unit 218: FORMERLY NATIONAL BANK** - **Size:** 4,313 sq. ft., available for lease. - **Potential Rent:** $172,500/year + taxes and operating expenses ($64,328/year) + annual increases + management fees ($9,649/year) = **Potential Total Income: $246,477/year**. **Total Potential Gross Revenue:** - **Unit 220 + Unit 218:** $457,457.89/year. - **Net Potential Gross Revenue:** $324,405/year. **Approximate Capitalization Rate:** 8-9%. **Ideal for Owner-Occupant.** **Sold WITHOUT legal warranty, at the buyer's risk and peril.**

FOR SALE DETAILS

PRICE

$3,495,000 CAD

PRICE/SF

$453 CAD /SF

CAP RATE

9.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bank, Day Care Center, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,411 SF

ZONING

Commercial

APN/PARCEL ID

3004549

ASK ABOUT THIS PROPERTY

Clint SaraylianColdwell Banker Commercial Alliance Inc.More Info
450-234-7099

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

Clint SaraylianColdwell Banker Commercial Alliance Inc.More Info
450-234-7099

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