Commercial property for sale - $5,750,000
Office building - VID: 445 - 445-447 Boul. Beaconsfield, Beaconsfield, H9W 4C2
Class A building is situated in Beaurepaire Village - excellent location offering great curb appeal on both streets; visibility & generous window openings on the façade. The owner invested 1.4M with the conversion & renovations in 2020-2021 to serve as a Medical Center. The 3 levels provide finished areas for prospective tenants offering services that could blend in Health Care. This property offers potential for the Buyer with vision of improving the present rental status and/or for an investor considering other options for a long-term investment - see list provided of service businesses allowed according to Zoning (ZONE C120).
Additional information to prospective Buyers:
* VISIT WITH ACCEPTED OFFER.
* Indicated rents are modified gross leases - (53.7% of
useable space is rented).
* The revenues are to be effective as of January 1, 2025,
due to recent update with existing tenant of the RDC also
taking occupancy of the space that was available on the 2nd
floor..
* Vacant rentable area (including % in common areas) is
approximately 7,152 sq.ft. i.e.:
o 5,622 sq.ft at the basement level (Locals in move-in
condition;
o 1,530 sq.ft. on the 1st level of 445 Boul. Beaconsfield;
* With favourable market conditions that could permit the
property to be fully rented in respect of recent market
rents for similar type of properties, in nearby areas
within Montreal and with potential success to follow the
present rent structure of the existing leases, this
property could possibly generate a Revenue between 537,700$
to 568,700$/year.
* The value retained in the evaluation role for this
property is in market reference date of 2021-07-01 however,
the Insurance company has evaluated this property
(Building) at 6,369,000$.
* Easy access to attract clients in need of a service
provider in Health Care.
* Front parking on Boul. Beaconsfield & Avenue St Louis.
* Invoices that are in the Seller's possession and
Architectural plans will be made available to the Buyer
with an accepted promise to purchase.
* The two storey building is equipped with a large elevator
to provide easy access to different floors
* As part of its' due diligence period, prior to its
purchase of the property, the buyer will be solely
responsible for carrying out, at his own cost, all
verifications and/or consultations he may deem necessary
with: experts, evaluations, municipality, etc..
Don't hesitate to contact the broker for further
information or ask for attached documents to this listing.
Exclus:
All furniture and personal belongings of the tenants.
Additional information to prospective Buyers:
* VISIT WITH ACCEPTED OFFER.
* Indicated rents are modified gross leases - (53.7% of
useable space is rented).
* The revenues are to be effective as of January 1, 2025,
due to recent update with existing tenant of the RDC also
taking occupancy of the space that was available on the 2nd
floor..
* Vacant rentable area (including % in common areas) is
approximately 7,152 sq.ft. i.e.:
o 5,622 sq.ft at the basement level (Locals in move-in
condition;
o 1,530 sq.ft. on the 1st level of 445 Boul. Beaconsfield;
* With favourable market conditions that could permit the
property to be fully rented in respect of recent market
rents for similar type of properties, in nearby areas
within Montreal and with potential success to follow the
present rent structure of the existing leases, this
property could possibly generate a Revenue between 537,700$
to 568,700$/year.
* The value retained in the evaluation role for this
property is in market reference date of 2021-07-01 however,
the Insurance company has evaluated this property
(Building) at 6,369,000$.
* Easy access to attract clients in need of a service
provider in Health Care.
* Front parking on Boul. Beaconsfield & Avenue St Louis.
* Invoices that are in the Seller's possession and
Architectural plans will be made available to the Buyer
with an accepted promise to purchase.
* The two storey building is equipped with a large elevator
to provide easy access to different floors
* As part of its' due diligence period, prior to its
purchase of the property, the buyer will be solely
responsible for carrying out, at his own cost, all
verifications and/or consultations he may deem necessary
with: experts, evaluations, municipality, etc..
Don't hesitate to contact the broker for further
information or ask for attached documents to this listing.
Exclus:
All furniture and personal belongings of the tenants.
Key Details
General Info
Property Type:Office Building
Essential Information - COMMON
Listing Number (MLS):27687007
Asking Price:$5,750,000
Year Built:2005
Evaluation and Taxes
Municipal Tax:$145,074
School Tax:$3,908
Additional Information
Type of Heating:Electric
