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Commercial building for sale

1015 - 1019, Avenue du Mont-Royal Est, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

$3,400,000 +GST/QST or
$3,400,000 +GST/QST or

Commercial building for sale

1015 - 1019, Avenue du Mont-Royal Est, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

Features

Lifestyle
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Use of property
Commercial, Residential
Year built
1900
Available commercial area
6,100 sqft
Number of units
Commercial (1)
100

Description

FOR SALE: Triple Net Sale Leaseback Opportunity - 1015-1019 Mont-Royal Ave Est. On behalf of our client, Cushman & Wakefield ULC is pleased to offer for sale a mixed use investment opportunity located at 1015-1019 Mont-Royal Ave Est. The Property benefits from a single tenant triple net sale leaseback, providing strong and consistent revenue and a future opportunity to convert the 2nd floor back to an additional residential unit. Annual revenue - $220,000. Leaseback of 10 to 15 year terms available.
Centris No. 19770374

Listing broker

Jason Ansel, Commercial Real Estate Broker

Jason Ansel

Commercial Real Estate Broker

CUSHMAN & WAKEFIELD

Real Estate Agency

Location

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Discover Montréal (Le Plateau-Mont-Royal)

Population (2016) 104,000
Population variation between 2011 and 2016 4%
Population density 12,855 hab/km2
Unemployment rate (2016) 8%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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