Fully renovated commercial income property, ideally located in the heart of downtown Saint-Hyacinthe on rue des Cascades. Three units occupied by established tenants under net leases, generating stable and predictable income. A property of character, well cared for and meticulously maintained, with parking at the rear. A turnkey opportunity for the investor seeking a quality, high-visibility asset in a sought-after, high-demand area.
Sale with exclusion(s) of legal warranty - See listing broker(s)
In the heart of downtown Saint-Hyacinthe, on the busy rue des Cascades, this commercial income property has been fully renovated and today shows in impeccable condition. It comprises three fully occupied units, with several tenants established for a number of years -- a sign of stability and peace of mind for the investor.
The leases are net leases: each tenant covers its proportionate share of operating expenses, providing predictable income and simplified management. The ground floor houses a retail business, while the upper floors are occupied by professional offices.
The building has been maintained with care over the years -- roof, mechanical systems and electrical entrance -- and its brick construction gives it real character and presence on this commercial artery. A parking area is laid out at the rear of the building, a rare and valuable asset downtown.
Prime location, strong visibility, stable income and established tenants: a turnkey opportunity for the investor looking for a quality commercial asset in a high-demand area.
Certificate of location available. Leases and income and expense statements provided on request to qualified buyers.
Building details and property interior
Dimensions
45' X 92' 7" irr.
Year constructed
1845
Lot and exterior features
Lot size
49' 1" X 106' 4" irr.
Lot area
512.80 m²
Parking (total)
Driveway (4)
Characteristics
Heating Energy
Electricity, Natural gas
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
Lot assessment
$ 176,900
Building assessment
$ 704,700
Total
$ 881,600
Taxes
Municipal
(2026)
$ 14,421
School
(2026)
$ 634
Total
$ 15,055
Annual expenses
Insurance
$ 11,000
Total
$ 11,000
Gross annual revenues (potential)
Commercial
$ 96,408
Total
$ 96,408
Inclusions and exclusions
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.