Small shopping mall 100% leased with long-term tenants. The Building with an area of 4,344 square feet has been maintained over the years. Strategic location located on Boulevard de la Marine near Route 132. The area is great in the heart of Varennes' commercial activities (McDonald, Subway, Tim Horton, Shell, etc.). Excellent visibility and easy access. Gross revenues of $106,763. Rare on the market and great opportunity for an investor.
Sale without legal warranty of quality, at the buyer's risk and peril.
Discover this small shopping mall 100% rented by 3 long-term tenants. This 4,344 sq.ft building has been carefully maintained over the years. Located on Boulevard de la Marine near the intersection with Route 132. The area is great in the heart of Varennes' commercial activities (McDonald, Subway, Tim Horton, Shell, etc.).
The 3 tenants occupy the following areas: Cibo Restaurant: 2,140 sq. ft. Hair salon: 1,507 sq. ft. Cleaner: 697 sq. ft.
Gross income: $94,498 Recovery: $12,265 Total income: $106,763 Less expenses: $26,257 Net income: $80,506
Large asphalt parking lot for easy access for customers. Strategic location: Ideally positioned on a major commercial artery, perfect for attracting a regular and diverse clientele. Don't miss this unique opportunity to invest in a quality building, strategically located in a growing sector. Contact us today for more information or to schedule a tour!
*NOTICE: The information provided is based on sources considered reliable, without guarantee of accuracy. No liability and/or guarantee is assumed by the broker. This document is intended for informational purposes only and is subject to errors, modifications and omissions. The buyer/renter is encouraged to do due diligence before entering into an acquisition or rental contract. This is not an offer or promise of sale / rental that could bind the seller / lessor to the buyer / tenant, but rather an invitation to submit such offers or promises.
Building details and property interior
Dimensions
100' 3" X 40' 1" irr.
Year constructed
1994
Basement
None
Lot and exterior features
Lot size
120' X 167' 3"
Lot area
1,864.30 m²
Driveway
Asphalt
Proximity
Highway, Public transportation
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2022, 06)
Financial details
Municipal assessment (2025)
Lot assessment
$ 512,700
Building assessment
$ 341,000
Total
$ 853,700
Taxes
Municipal
(2024)
$ 16,537
School
(2024)
$ 739
Total
$ 17,276
Annual expenses
Insurance
$ 4,114
Snow removal
$ 3,622
Lawn
$ 2,110
Total
$ 9,846
Energy expenses
Electricity
$ 439
Total
$ 439
Inclusions and exclusions
Exclusions
Tenant's property (the heat pump in the hair salon belongs to the tenant and an air conditioner will be reinstalled if the tenant leaves).