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1166-1170 Ch Du Coteau-Rouge 4,048 sq ft 100% Let Retail Property Longueuil, QC J4K 1W9 £590,514 (£145.88/sq ft) 7.62% Net Initial Yield
EXECUTIVE SUMMARY
Semi-commercial triplex strategically located on chemin du coteau rouge (boul Sainte-Foy) in Longueuil.
Building 1,349 sq.ft. per floor for a total of 4,048 sq.ft. on 3 floors, air-conditioned, garage air-conditioned, 20x26ft (520 sq.ft.). Prime location near road access, 10 minutes from Jacques-Cartier bridge, many recent renovations, roof redone +- 10 years.
Local 1166 is 1610 sq. ft., located on the ground floor and sub-basement +-7.5 ft. away, used as a music studio, leased for 5 years, expiring 01/06/27 + 5-year option.
Premises 1168 and 1170 are 1600 sq. ft. on the first floor, leased for 5 years, expiring 06/30/27 + 1 5-year option, including garage.
Building 1,349 sq.ft. per floor for a total of 4,048 sq.ft. on 3 floors, air-conditioned, garage air-conditioned, 20x26ft (520 sq.ft.). Prime location near road access, 10 minutes from Jacques-Cartier bridge, many recent renovations, roof redone +- 10 years.
Local 1166 is 1610 sq. ft., located on the ground floor and sub-basement +-7.5 ft. away, used as a music studio, leased for 5 years, expiring 01/06/27 + 5-year option.
Premises 1168 and 1170 are 1600 sq. ft. on the first floor, leased for 5 years, expiring 06/30/27 + 1 5-year option, including garage.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
4,048 sq ft
Costar Property Class
C
Year Built
1961
Price
£590,514
Price per sq ft
£145.88
Yield
7.62%
NOI
£44,985
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Use Class
C24-299 - Commercial permitting retail and office
Parking
4 Spaces (0.99 Spaces per 1,000 sq ft Leased)
Walk Score®
Excellent pedestrian access (93)
Transit Score®
Excellent Public Transport (71)
Bike Score®
Ideal For Cyclists (90)
NEARBY MAJOR RETAILERS
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1166-1170 Ch Du Coteau-Rouge
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