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470 Rue de la Madone 470 Rue De La Madone 5,138 SF 82% Leased Retail Building Mont-laurier, QC J9L 1S5 $1,612,761 USD ($313.89 USD/SF)
Investment Highlights
- Full basement with 9 ft clearance and concrete floor
- Prime corner location in downtown Mont-Laurier
- On-site parking for tenant and customer convenience
- Elegant two-story design with modern finishes
Executive Summary
Located at 470 Rue de la Madone, this impressive two-story commercial property offers a strategic corner location with exceptional visibility in downtown Mont-Laurier. The building measures approximately 85 ft by 61 ft, with a total area of about 5,185 sq. ft. on a generous 15,566 sq. ft. lot. Constructed with a solid steel structure, a poured concrete foundation, and an elegant brick façade, it features a recent membrane roof for peace of mind. Inside, the main floor boasts suspended ceilings with a 10 ft height, while the full basement offers a concrete floor, 9 ft clearance, and ample space. The property includes multiple emergency exits, an electrical room, and on-site parking for convenience. Currently, over 81% of the building is leased, with 2,869 sq. ft. and 1,366 sq. ft. occupied by tenants, generating immediate rental income. This is a rare opportunity to acquire a fully occupied, income-producing commercial building in a prime downtown location—a safe and profitable investment in the heart of Mont-Laurier.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,138 SF
Building Class
C
Year Built
1989
Price
$1,612,761 USD
Price Per SF
$313.89 USD
Percent Leased
82%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.36 AC
Amenities
- Storage Space
- Air Conditioning
Walk Score®
Walker's Paradise (92)
Nearby Major Retailers
1 of 2
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470 Rue de la Madone | 470 Rue De La Madone
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