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525-533 Boul De La Concorde O
Laval, QC H7N 5L9
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime location steps from metro, university, and Place Bell
- Large lot with redevelopment or expansion possibilities
- Twelve residential units with flexible occupancy options
EXECUTIVE SUMMARY
Commercial and residential building for sale of 12,817 square feet, perfectly located on De la Concorde Ouest Boulevard, less than a 5-minute walk (400 meters) from De la Concorde metro station, and close to Place Bell, the university, and Montmorency metro station! The building has three floors, including four commercial units on the ground floor and twelve residential apartments (eight 4½ and four 3½ units) on the 2nd and 3rd floors. There are currently three apartments that the seller is keeping vacant for a potential buyer — two 4½ units and one 3½ unit. The lot measures 13,211 square feet. Current annual revenues are $276,000. Asking price: $3,975,000. City taxes; $31,509.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,817 SF
Building Class
C
Year Built
1990
Price
$2,861,874 USD
Price Per SF
$223.29 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.97
Lot Size
0.30 AC
Zoning
CA-22
Parking
40 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
200’ on Boul de la Concorde O
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Recessed Lighting
- Balcony
- Smoke Detector
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