Commercial building/Office
8138 - 8162, Boul. Métropolitain E., Anjou (Montréal) H1K 1A1

Centris® #23172085
$ 4,200,000 +tx

Description

Rare investment opportunity! Premium property with quality tenants. Generous revenue with tremendous potential for upside. 3 story office building with modern aesthetics. Features an elevator, underground parking (44 vehicles), exterior parking lot (24 vehicles), storage garages (7). Detailed information below. Contact for more information.

Addendum

PROPERTY DETAILS:

- Building Area : ± 39,930 sq.ft. - Land Area : ± 33,640 sq.ft

- Underground Parking: 44 vehicles + storage - Exterior Parking: 24 vehicles

- HVAC system -- RTU - Electric baseboard heating (supplement)

- Sprinkler system - Roof resurfaced

- 5 Double-width Garages - 2 Single-width Garages

- Electricity : 800A / 600V - Concrete structure - Year of Construction : 1990

PROPERTY HIGHLIGHTS:

- Premium Quality Office Building - Well-Maintained - Quality Tenants - Environmental Reports Available - Evaluation Report Available - Potential for increase in Revenue

ADDITIONAL DETAILS:

± 5,000 sq.ft. available for rent Current vacancy rate: ± 12.5%

FINANCIAL PERFORMANCE (ANNUAL):

CURRENT REVENUE: ± $462,000 *POTENTIAL ADDED REVENUE (leasing 5,000 sq.ft. at $20/sf): ± $100,000 *TOTAL POTENTIAL REVENUE: ± $562,000

CURRENT EXPENSES: ± $198,000 Including: - Insurance - Electricity - Elevator maintenance - Grass cutting - Snow removal - Janitor - Security system - Window cleaning - Garage doors maintenance - HVAC maintenance - Municipal taxes - School taxes - Fire prevention maintenance - Fire alarm maintenance - Sprinkler system maintenance

CURRENT NET REVENUE: ± $264,000 *POTENTIAL NET REVENUE: ± $364,000

CAP RATE: 6.3%

Note: Potential for increased revenue can be found through Lease renewal increases, leasing vacant space, and reducing current expenses.

*DISCLAIMER: Information provided is based on sources considered reliable, without a guarantee of accuracy. No responsibility and/or warranty is assumed by the broker. This document is intended solely for informational purposes, and is made subject to errors, modifications, and omissions. The purchaser/lessee is encouraged to perform proper due diligence prior to an acquisition or lease agreement. This is not an offer or promise to sell/lease that could bind the vendor/lessor to the purchaser/lessee, but rather an invitation to submit such offers or promises. Any sale is made without legal warranty.

Sale without legal warranty of quality, at the buyer's risk

Description sheet

Nb. of rooms
 
Nb. of bedrooms
0
Nb. of bathrooms and powder rooms
0 + 0
Building type
Detached 
Property type
Commercial building/Office 
Year built
1990 
Building size
169 X 77 feet irreg. 
Living area
 
Lot size
253 X 129 feet irreg. 
Lot area
33,640 square feet 
Quebec cadastre
 

Features

Available services
Jet system
Easy access
Elevator
Heating energy
Electricity
Heating system
Air circulation
 
Electric baseboard units
Roofing
Asphalt and gravel
Sewage system
Municipal sewer
Siding
Brick
Water supply
Municipality
Zoning
Commercial

Assessment, Taxes and Expenses

Municipal assessment
Year
2021
Building assessment
$ 2,635,600
Lot assessment
$ 422,500
Total
$ 3,058,100
Annual taxes and Expenses
Municipal Taxes
$ 102,121
School taxes
$ 3,075
Total
$ 105,196
Top  
Robert Chalut
Robert Chalut
Real Estate Broker
GROUPE SUTTON SYNERGIE INC.
Real Estate Agency
514-774-2562
514-284-2562
 

Photos - No. Centris® #23172085
8138 - 8162, Boul. Métropolitain E., Anjou (Montréal) H1K 1A1

Exterior Exterior
Exterior Exterior
Exterior Exterior
Exterior Exterior
Interior Interior
Interior Interior
Interior Interior
Interior Interior
 

Photos - No. Centris® #23172085
8138 - 8162, Boul. Métropolitain E., Anjou (Montréal) H1K 1A1

Interior Interior
Interior Interior
Staircase Staircase
Garage Garage
Garage Garage
Garage Garage
Aerial photo Aerial photo
Aerial photo Aerial photo
 

Photos - No. Centris® #23172085
8138 - 8162, Boul. Métropolitain E., Anjou (Montréal) H1K 1A1

Aerial photo Aerial photo
Aerial photo Aerial photo
Interior Interior
Interior Interior
Interior Interior
Interior Interior
Interior Interior
Interior Interior
 

Photos - No. Centris® #23172085
8138 - 8162, Boul. Métropolitain E., Anjou (Montréal) H1K 1A1

Interior Interior
Interior Interior
Interior Interior
Interior Interior
Staircase Staircase
Parking Parking
Exterior Exterior
Exterior Exterior
 

Photos - No. Centris® #23172085
8138 - 8162, Boul. Métropolitain E., Anjou (Montréal) H1K 1A1

Exterior Exterior
Exterior Exterior
Exterior Exterior
Exterior Exterior
Exterior Exterior
Exterior Exterior
Exterior Exterior
Exterior Exterior