Description

Seize the opportunity to own a prime commercial property in the heart of Montreal's Plaza Saint-Hubert district. This large building is anchored by a loyal tenant who's been there for over 30 years. The property will come with a 5-year lease, of $300,000 per year (Gross), offering immediate and stable returns for the buyer, with the tenant expressing keen interest in extending the lease. Don't miss out on this exceptional investment opportunity

The Seller is committed to sign a lease agreement with the
Buyer for a period of five (5) years, stipulating an annual
rent of $300,000, with options for renewal, upon the
satisfaction of all conditions outlined in the accepted
offer.

The signing of the lease agreement is contingent upon the
lifting of all other conditions as specified in the future
promise to purchase. The Seller and Buyer agree that,
following the reception of the buyers mortgage approval,
solely conditional to a signed lease, the Seller shall
provide a signed copy of the lease agreement to all parties
involved.

Location

Characteristics

Water supply Municipality
Equipment available Alarm system, Central air conditioning, Central heat pump
Proximity Highway, Public transport
Available services Fire detector
Basement 6 feet and over, Partially finished
Sewage system Municipal sewer
Zoning Commercial
Kind of commerce Other
Type of business/Industry Retail, Wholesaler