Exceptional mixed-use all leased investment property located in the heart of of L'Assomption (hospital, retirement home, church, performance halls, etc.) more renovated building features four residential units and three commercial spaces occupied by established local businesses.Commercial tenants operate under net leases . Benefits from a diversified tenant mix including a long-standing restaurant(over 30 years), a neighborhood barber shop, and a convenience/tobacco retailer, providing stable and recurring income. A rare opportunity to acquire a stable,mixed-use asset with long-term growth potential and It has stable cash flow. --Exceptional mixed-use investment property located in the heart of L'Assomption (hospital, retirement home, church, performance halls, university, etc.) -- close to major highways. --This property was completely renovated between 2011 and 2015, except for the foundation.( RENOVATION: Roof ,kitchens ,bathrooms ,plumbng,electricity,doors,windows Exterior wall etc.) --This well-maintained building features four (4)residential units( three 3.5-room units and one 4.5-room unit.--All occupied and are very quiet and clean.) --This well-maintained building featuresand three (3)commercial spaces occupied by established local businesses. --The commercial component benefits from a diversified tenant mix including a long-standing restaurant -- The restaurant has been established for over 30 years(the new owner since April 2019 and carried out A large-scale modern renovation ) The restaurant has a basement. --A neighborhood barber shop(same owner since 2008) and a convenience/tobacco retailer(more than 20years). -- providing stable and recurring income. Several tenants have served the community for many years and benefit from a loyal customer base. --The property offers an attractive combination of residential and commercial revenues.Commercial leases are structured on a net basis,. --Ideally situated within a walkable town center surrounded by residential neighborhoods, community services, and local businesses,. --this property enjoys excellent visibility and consistent foot traffic. --A rare opportunity to acquire a stable, income-producing mixed-use asset with long-term growth potential and stable cash flow. --Located on a busy street, this commercial building benefits from a prime location in a dynamic and highly sought-after area. --Known for its economic vitality, the sector is surrounded by a variety of businesses that generate a constant flow of stomers. --This property represents a rare investment opportunity in a rapidly growing area with enormous medium- to long-term development potential. --Whether you are an investor seeking a strategic income property or an entrepreneur looking to establish your business in a central and visible location. --This building is an opportunity not to be missed!!
MLS#: 19779604
Property type: N/A
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About this property
Property
| Category | Revenue property |
| Building Type | Semi-detached |
| Building Size | 22.63x26.24 M |
| Building Surface Area | 594.32 SM |
| Lot Area Dimensions | 22.63x27.64 M |
| Lot Surface Area | 626 SM |
Details
| Water supply | Municipality |
| Heating energy | Electricity |
| Proximity | Highway |
| Proximity | Daycare centre |
| Proximity | Hospital |
| Proximity | Park - green area |
| Proximity | Public transport |
| Sewage system | Municipal sewer |
| View | Mountain |
| View | City |
| Zoning | Commercial |
| Zoning | Residential |
Rooms Description
Rooms: 3
Bedrooms: 1
Bathrooms + Powder Rooms: 1 + 0
Not available for this listing.
Inclusions
Not available for this listing.
Exclusions
All tenants' belongings.
Commercial Property
| Lease Expiry | Yes |
| Lease Is Renewable | Yes |
Units
| Total Number of Units | 7 |
Revenue Opportunity
Not available for this listing.
Renovations
Not available for this listing.
Rooms(s) and Additional Spaces - Intergenerational
Not available for this listing.
Assessment, Property Taxes and Expenditures
| Expenditure/Type | Amount | Frequency | Year |
|---|---|---|---|
| Building Appraisal | $ 768,000.00 | 2023 | |
| Lot Appraisal | $ 512,200.00 | 2023 | |
| Total Appraisal | $ 1,280,200.00 | 2023 | |
| Insurance | $ 12,245.00 | Yearly | |
| Energy cost | $ 960.00 | Yearly | |
| Municipal Taxes | $ 24,011.00 | Yearly | 2026 |
| School taxes | $ 978.00 | Yearly | 2026 |






