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5805 Av Christophe-Colomb

5,911 SF Retail Building Montréal, QC H2S 2G3 $1,410,965 USD ($239 USD/SF) 6.70% Cap Rate

Some information has been automatically translated.

Executive Summary

Commercial triplex located in an exceptional location, corner of Christophe-Colomb and Rosemont, in the heart of Petite-Patrie.
Main characteristics:
* Basement: Large multi-purpose room with ceilings over 7.5 feet high, accommodating approximately 100 people. Equipped with a mechanical room, a small kitchen with vinyl tile coating, a concierge room and a separate male/female toilet.
* Ground floor: An open and bright space with 10.5 foot ceilings and windows extending to the ceiling. No load bearing wall constraints, allowing flexible reconfiguration according to needs. This floor will be available for the buyer.
* Second floor: Open area with 12 offices, a conference room, three closed offices, a kitchen, and separate male/female toilets. 7.5-foot ceilings, windows similar to those on the ground floor, and an elastomer roof terrace redone in 2017. This floor has its own heating system. Stable and peaceful tenant present since 2016.
* Parking: 10 spaces available, adding significant value for occupants.
Additional benefits:
* South corner location: Enjoy the sun all day long, ensuring abundant natural light.
* Solid Tenants: Two reliable tenants in the basement and on the second floor guarantee stable incomes.
* Independent entrance for each floor and possibility with the stairwell to combine each of the rooms with one of the others as needed.
* Ground floor space available for the next owner: With its large area, abundant windows and the absence of a load-bearing wall that offers incredible reconfiguration possibilities, it will suit all needs. In addition, it has universal access with an external ramp.
* Possibility of adding a 3rd floor: subject to obtaining the required authorizations, the current zoning allows a 3rd floor.
* Ideal arch for documents or valuables
* Bike stand
* Public transport: Bus 25-197-370-13 and Metro nearby
An opportunity not to be missed for investors and entrepreneurs looking to acquire a multi-purpose commercial space in a prime location in Montreal.

Financial Summary (Actual - 2024)

Annual (USD) Annual Per SF (USD)
Gross Rental Income $146,035 $24.71
Other Income - -
Vacancy Loss - -
Effective Gross Income $146,035 $24.71
Taxes $33,622 $5.69
Operating Expenses $17,842 $3.02
Total Expenses $51,464 $8.71
Net Operating Income $94,571 $16.00

Financial Summary (Actual - 2024)

Gross Rental Income (USD)
Annual $146,035
Annual Per SF $24.71
Other Income (USD)
Annual -
Annual Per SF -
Vacancy Loss (USD)
Annual -
Annual Per SF -
Effective Gross Income (USD)
Annual $146,035
Annual Per SF $24.71
Taxes (USD)
Annual $33,622
Annual Per SF $5.69
Operating Expenses (USD)
Annual $17,842
Annual Per SF $3.02
Total Expenses (USD)
Annual $51,464
Annual Per SF $8.71
Net Operating Income (USD)
Annual $94,571
Annual Per SF $16.00

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,911 SF
Building Class
B
Year Built
1967
Price
$1,410,965 USD
Price Per SF
$239 USD
Cap Rate
6.70%
NOI
$94,535 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.15 AC
Zoning
Résidentiel et commercial
Parking
10 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
44 FT on Christophe-colomb Ave
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
St-Hubert
Garderie YMCA du Parc
Metro, Inc.
Royal Bank of Canada
IGA Famille Barcelo St-Zotique
TD Canada Trust
Nickels Delicatessen
Sushi Shop
National Bank
  • Listing ID: 33069140

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 5805 Av Christophe-Colomb, Montréal, QC H2S 2G3

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