PRIME LOCATION IN THE HEART OF REPENTIGNY! This 4,200 sq. ft. commercial building benefits from a strategic location, offering visibility and accessibility. A 1,200 sq. ft. space is available immediately on the 2nd floor, along with a large terrace. Close to numerous services, financial institutions, and public transportation, as well as major highways. A dynamic area benefiting from the development of several new rental residential projects nearby, cultural centers, and event spaces in Repentigny. A unique opportunity for investors or owner-occupants.
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COMMERCIAL BUILDING IN THE HEART OF DOWNTOWN REPENTIGNY!
An investment opportunity not to be missed! Located at the strategic intersection of Brien Street and Notre-Dame Street, this commercial building benefits from a prime location in the heart of Repentigny's activity, offering visibility, accessibility, and proximity to numerous shops, services, and attractions.
THE NUMBERS AT A GLANCE
Asking price: $1,185,000
Current rental income: $87,000/year
Potential rental income: ±$117,000 to $123,000/year
Vacant unit: estimated rental potential between $2,500 and $3,000/month
Total area: ±4,200 sq ft, including about 3,000 sq ft shared between the ground floor and basement and 1,200 sq ft on the second floor.
Municipal and school taxes: ±$14,700/year
A STRATEGIC LOCATION
Right in the heart of downtown Repentigny, the property benefits from a well-established commercial and professional environment. Nearby are numerous shops and services health professionals, professional offices, restaurants, cafés, financial institutions, and public transportation. The property also benefits from being close to the Alphonse-Desjardins Theatre, Île-Lebel Park, and major roadways. Several rental residential projects carried out or in development nearby contribute to the area's vibrancy and foot traffic.
A VERSATILE AND WELL-MAINTAINED BUILDING
The ground floor, about 1,500 sq. ft., is currently occupied by a Mexican restaurant that has recently carried out significant renovations. A basement, about 1,500 sq. ft. partially developed, complements this space and provides appreciable additional area. The second floor, about 1,200 sq. ft., is currently vacant and has undergone several renovations. It also includes a sunroom and a beautiful wooden terrace. Several works and improvements have been carried out over the years, particularly in plumbing, and floors and air conditioning.
ADDITIONAL INCOME POTENTIAL
The ground floor unit currently brings in $6,500 per month, plus an additional rent of $750 per month, which totals $87,000 annually. The vacant second-floor unit offers great flexibility: it can be rented out to increase the building's income or used by an owner-operator looking to set up their business. Based on a projected rent of $2,500 to $3,000 per month, the property's potential gross income could reach approximately $117,000 to $123,000 annually.
AN OPPORTUNITY FOR INVESTORS OR OWNER-USERS
A commercial building with a prime location, established income, and real potential for optimization thanks to the immediately available unit. A property offering stability, flexibility, and growth potential in the heart of a sought-after area of Repentigny.
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48'3" X 132'11" Irregular
5,414.25 SF
Asphalt
Driveway : 8
Highway , Public transportation
Commercial
Forced air , Electric baseboard units
Electricity
Central air conditioning , Signs allowed
Municipality
Municipality
My name is MARIE-FRANCE DUMAIS INC., RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX D'ICI | 411 rue Notre-Dame #302, Repentigny (Repentigny), Québec, J6A 2T2
RE/MAX D'ICI | 411 rue Notre-Dame #302, Repentigny (Repentigny), Québec, J6A 2T2
Hello, my name is MARIE-FRANCE DUMAIS INC., real estate broker. Contact me for more information.
Hello, my name is GUILLAUME BIRON-PAIN INC., real estate broker. Contact me for more information.
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