Rare industrial opportunity generating over $447,000 in net income annually! ±53,000 ft² industrial building on a large 93,364 ft² lot located in Saint-Jean-Baptiste. Divided between a stable commercial tenant and highly profitable seasonal storage. Gross revenues of $608,630 with a built-in vacancy reserve. Normalized net income of $447,691, yielding an impressive 8.16% cap rate. Recent roof, solid structure, high clear height, and spacious mezzanine. Exceptional profitability -- a must-see opportunity!
High-Yield Industrial Opportunity in the Heart of Montérégie
Seize the opportunity to acquire a high-performing and unique industrial asset, ideally located at 3086 rue de la Coopérative in Saint-Jean-Baptiste. This ±53,000 ft² building, set on a vast 93,364 ft² lot, offers an attractive combination of leasing flexibility, operational stability, and strong income potential.
Gross annual revenues reach $608,630, with a vacancy reserve of $55,000 already accounted for, resulting in a normalized net income of $447,691.
The building features an impressive clear height ranging from 17 to 22 feet, along with a 24,000 ft² mezzanine added in 2022 -- ideal for boosting storage capacity. The wood and steel structure sits on a concrete slab. Major upgrades include: roof replaced in 2017, electrical system modernized in 2016, replacement of heating unit burners, connection to municipal sewers in 2023, partial installation of LED lighting, as well as security cameras and detectors. No deferred maintenance is expected.
The property also includes a loading dock with an 8 x 8 ft door and adjustable platform, facilitating shipping and receiving logistics. The front of the lot is fenced, enhancing both security and site functionality. The location is outside of any truck-restricted zones, ensuring unrestricted access for heavy vehicles.
Zoned I-4, the site allows for a wide range of industrial and office uses. The area is quiet and well serviced, with quick access to major highways. The land-to-building ratio of 2.0 presents interesting opportunities for expansion or redevelopment.
A rare market opportunity for investors seeking stable and scalable returns (8.16% cap rate), or for entrepreneurs looking to establish operations in a strategic, well-maintained, and highly functional facility. A market-aligned acquisition offering stability, performance, and long-term growth potential in Montérégie's industrial landscape.
Building details and property interior
Dimensions
187' X 310'
Year constructed
Unknown
Siding
Aluminum
Roofing
Asphalt and gravel, Sheet metal
Dividing Floor
Concrete
Lot and exterior features
Lot size
25' X 436' 7" irr.
Lot area
93,364 ft²
Proximity
Highway
Characteristics
Heating System
Forced air
Heating Energy
Natural gas
Property or unit amenity
Electrical input (400), Door height (14, P), Alarm system