Excellent investment opportunity: Commercial and residential building offering a stable return and a strategic location. Ground floor -- Established business. Convenience store operating for several decades, loyal clientele, and stable revenue. Rental income: $3,500/month. Basement -- Multipurpose space. Ideal for storage, office, or independent workspace. Upper floor -- Large residential apartment. Superb, very spacious unit with 4 bedrooms and 2 bathrooms. Current rental income: $2,500/month.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Excellent investment opportunity: Commercial and residential building offering stable returns and a strategic location. A rare investment combining stability, strong rental demand, and appreciation potential.
Ground Floor -- Established Business. Convenience store operating for several decades, loyal clientele, and stable revenue. Rental income: $3,500/month.Basement -- Multipurpose space, ideal for storage, office, or independent workspace. Upper Floor -- Large Residential Apartment. Superb, very spacious unit with 4 bedrooms and 2 bathrooms. Current rental income: $2,500/month.
Overall Return Gross annual income of approximately $72,000. Ideal combination of a stable business and a desirable residential unit.A high-yield investment with low vacancy rates--perfect for investors seeking excellent value.
Building details and property interior
Dimensions
35' X 55'
Year constructed
1970
Siding
Brick
Roofing
Elastomeric membrane
Basement
6 feet and more
Lot and exterior features
Lot size
90' X 95'
Lot area
8,550 ft²
Characteristics
Heating Energy
Dual energy, Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
Lot assessment
$ 273,300
Building assessment
$ 286,900
Total
$ 560,200
Taxes
Municipal
(2025)
$ 9,137
School
(2025)
$ 451
Total
$ 9,588
Inclusions and exclusions
Inclusions
The oven, stove, dishwasher, blinds and light fixtures.
Exclusions
All of the seller's personal belongings and furniture, the refrigerator, and the washer/dryer. All convenience store equipment.