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$875,000 +GST/QST
ULS: 28499668

16+-Plex for sale - Shawinigan (Grand-Mère)

35 5e Avenue, Shawinigan (Grand-Mère)
More than half of the land is available for your project. Link to dedicated web site: https://show.tours/355eavenue
Living area 1,201.92 m²

DENIS GENDRON

Residential and Commercial Real Estate Broker

RE/MAX ROYAL (JORDAN) INC.

Bathurst complex on 2 floors with multiple potential. Great opportunity. Optimization of income possible. Large 2/3 free lot that can be subdivided with a view of the Saint-Maurice River. 50 parking lots. Treat yourself: 98 photos and the virtual tour to see.

Beautiful condos overlooking the rivers would be a winning project (municipal verification required).

Welcome to all entrepreneurial, community or cooperative projects, where all services are offered on site: delicatessen and local grocery store, hair salon, yoga studio, private consultation office, common relaxation area, locker rental, etc.

RECENT RENOVATION:
- Parking redone in concrete
- Improved heating
- New quality tenants
- Installation of an outdoor terrace
- Repair of the emergency exit
- New common powder room on the ground floor
- Leasehold improvements in several premises on the ground floor

Ideal location in Grand-Mère, Shawinigan, in front of a pretty park and very close to the St-Maurice river and 2 marinas. Ten minutes from the mountains and La Mauricie Park. Differences within walking distance: Restaurants, grocery stores, pharmacy, department store, school, gym, etc. Access to 50 parking lots.

The Micro-Brasserie "Au Quai des Brasseurs" is just opposite the marina.
Ten minutes from the mountains, several lakes and rivers and La Mauricie Park. A hotel will be built in the vicinity. Perfect for all ecotourism projects.

Old solid brick building, surrounded by mature trees.
In a warm decor, are already fitted out:
* bright loft-style apartment,
* commercial kitchen and culinary sales area,
*hairdresser,
* large yoga studio,
*office.

To develop:
* Free spaces that could be rented in Airbnb or bed and breakfast formula (checks at the municipality required).
* Large vault in the basement with plenty of storage space that can be used as a warehouse or lockers for rent.
* Terrace that can be converted.

Historic and peaceful commercial area, with various services within walking distance: Restaurants, grocery stores, pharmacy, department store, school, gym, car dealership, etc.
Nearby: route 153 and 155

Great opportunity. Optimization of income possible.
Unused land that can be subdivided with a view of the Saint-Maurice River. Your project, your success.
Dimensions 129' X 50' 2"
Year constructed 1903
Living area 1,201.92 m²
Windows Aluminum
Siding Brick
Roofing Elastomeric membrane
Basement 6 feet and more, Outdoor entrance, Partially finished
Lot size 218' X 188'
Lot area 3,807.50 m²
Water (access) Navigable, Access (RIVIERE)
Topography Sloped, Flat
View View of the mountain, View of the water
Driveway Asphalt
Parking (total) Driveway (50)
Proximity Elementary school, High school, Cross-country skiing, Public transportation, CEGEP, Highway, Golf, Daycare centre, Park
Heating System Convection baseboards, Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 68,200
Building assessment
$ 308,500
Total
$ 376,700

Taxes

Municipal (2022)
$ 14,064
School (2025)
$ 322
Total
$ 14,386

Annual expenses

Insurance
$ 6,142
Snow removal
$ 2,000
Total
$ 8,142

Energy expenses

Electricity
$ 20,174
Total
$ 20,174

Gross annual revenues (potential)

Residential
$ 7,800
Commercial
$ 153,996
Parking
$ 1,008
Total
$ 162,804

Inclusions

All light fixtures, furniture. Website dedicated to this building, see: https://show.tours/355eavenue

Exclusions

Personal belongings of tenants.

Desjardins

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