70 Rue Saint-Germain E - Apartments FOR SALE


Rimouski, QC G5L 7J9
$573,000 CAD
418-724-4116

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$573,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

70 Rue Saint-Germain E
Rimouski, QC G5L 7J9


HIGHLIGHTS

  • Located in Rimouski’s central business district with easy access to highways and public transit
  • Several leased units generating immediate income, with additional vacancies for owner-use or leasing opportunities
  • Seven secure indoor parking spaces included with the property
  • Building improvements such as an elevator and a freight lift support operational efficiency
  • Constructed with poured concrete foundation and durable exterior finishes for long-term resilience
  • Municipal water and sewer services in place, complemented by an updated HVAC system powered by electric air-forced heating

OVERVIEW

Seize the opportunity to acquire a versatile commercial condominium in the heart of downtown Rimouski. This multi-unit property blends owner-occupancy potential with income-producing advantages, as several spaces are currently leased while others remain available for repositioning or immediate use. The building, constructed with durable concrete and equipped with an elevator and service lift, reflects solid structural integrity. Included with the sale are seven indoor parking spaces and additional storage, which add practical value for businesses and investors alike. Situated in a vibrant corridor, the property benefits from proximity to major highways and convenient access to public transportation, ensuring exceptional connectivity for clients and staff. Downtown Rimouski continues to attract a dynamic tenant mix and sustained economic activity, providing stability and room for growth within the local market. This acquisition represents a rare blend of urban convenience, functional design, and investment upside within one of Bas-Saint-Laurent’s key urban centers.

FOR SALE DETAILS

PRICE

$573,000 CAD

PRICE/SF

$3 CAD /SF

# OF UNITS

110

PRICE/UNIT

$5,209

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Place St-Laurent

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

13

YEAR BUILT

1975

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

2484319,2484434,3634641,4245877,4245878,4245885,4245887

ASK ABOUT THIS PROPERTY

Simon BelangerVia Capitale HorizonMore Info
418-724-4116

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Simon BelangerVia Capitale HorizonMore Info
418-724-4116

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