460 Av Victoria - Retail FOR SALE


Saint-lambert, QC J4P 2J4
$1,995,000 CAD
514-942-3806
460 Av Victoria, Saint-lambert, QC for Sale
$1,995,000 CAD
Retail - FOR SALE
1/8
null | Request Cap Rate

460 Av Victoria
Saint-lambert, QC J4P 2J4


HIGHLIGHTS

  • Main avenue of downtown Saint-Lambert
  • Retail tenants (2) since 2012
  • Both street level retail tenants have leases that end early 2028

OVERVIEW

Seize this rare gem and own an iconic storefront on the historic Victoria Avenue in Saint -Lambert, a true highlight of the vibrant boutique shopping scene. This unique opportunity features solid long-term tenants who are staples of the area, ensuring a steady return on investment. The building is instantly recognizable, making it a cherished landmark in the community. With potential future development opportunities, this property offers not only immediate income but also the chance for growth. Don't miss out on this extraordinary business investment in a prime location! Iconic Saint-Lambert Commercial Property 460-466 av Victoria, Saint-Lambert 2 Commercial units on main floor + 1 office space on 2nd floor 460 Victoria - La Maison du Pull Saint-Lambert Inc: $4,657.42/m 466 Victoria - Le Dessous de la Rue Victoria Inc: $3,000/m 466A Victoria - Thread and Maple Inc: $900/m ----- TOTAL GROSS REVENUE: $8,557.42/m , $102,689/yr ----- Municipal Taxes: $21,485 (95% recovered) School Taxes: $740 (95% recovered) Insurance: $5,800 (52% recovered) Maintenance: $1,000 All other costs (snow removal, electricity, heating, etc): Tenants costs ----- TOTAL RECOVERED: $24,113 ----- TOTAL NET REVENUE: $102,689 + $24,113 - $4,911(owner expenses) = $121,891 ----- Cap rate: 6.11% MRN: 16.37

FOR SALE DETAILS

PRICE

$1,995,000 CAD

PRICE/SF

$621 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

460-466 av Victoria, Saint-Lambert

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christopher KalecGestion Christopher Kalec Inc.More Info
514-942-3806

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

Christopher KalecGestion Christopher Kalec Inc.More Info
514-942-3806

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