$2,995,000 +GST/QST
17 residential + 7 commercial for sale - Shawinigan (Grand-Mère)
$2,995,000 +GST/QST
$2,995,000 +GST/QST
17 residential + 7 commercial for sale - Shawinigan (Grand-Mère)
$2,995,000 +GST/QST
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701 4e Rue, Shawinigan (Grand-Mère), G9T 6J3
Excellent investment. Former textile factory transformed into a true masterpiece. Primarily inhabited by artists, this building is anything but ordinary. The commercial space has hosted renowned artists for several years, with many finding a pied-à-terre for their stays. Each unit boasts unique charm and is easy to rent. Take advantage of a secure and profitable investment with stable tenants in both the residential and commercial sectors. An ideal opportunity for long-term peace of mind and continuous growth of your assets.
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Lot area:
20,310 SF - NUMBER OF ROOMS : 0
- Year built : 1925
Building details and property interior
1925
Addenda
Possibility to purchase 681 4th Street along with this one. Centris 24216758.
Although the income is excellent, there is still potential to increase revenues by raising rents and/or adding artist spaces in the basement.
This property is very well managed, making it easy to take over. You have the cream of the crop when it comes to tenants, especially for the commercial space, which is the most important.
I invite you to read this article to understand what the building represents for the region. Copy and paste if doesn't work
https://www.lhebdodustmaurice.com/culture/factrie-701-un-lieu-de-creation-insoupconne/
Building details and property interior
1925
Lot and exterior features
81' X 260'
20,310 SF
Commercial , Residential
Characteristics
Municipality
Municipality
Included & Excluded
according to leases
according to leases
Financial details
Assessment (2024)
Taxes
- (2024)
- (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
NEIGHBOURHOOD STATISTICS
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33.9%
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27.3%
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18.2%
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15.0%
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5.6%
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17.2%
-
5.0%
-
17.1%
-
60.7%
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0.0%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
Financial details
Assessment (2024)
Taxes
- (2024)
- (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
My name is SAMY NASREDDINE, RE/MAX real estate broker. How may I help you?
Do you have a question?
SAMY NASREDDINE
RE/MAX ALLIANCE | 4865 rue Jarry Est, Montréal (Saint-Léonard), Québec, H1R 1Y1
- Ofc. : 514-329-0000 |
- Cell. : 514-802-2416
- Fax : 514-328-9000
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- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.