Courtesy of Richard Leblanc of
Royal LePage Gateway Realty
5505 Magasin Avenue
Beaumont
T4X 1V8
$3,300,000
Retail
- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- E4329996
- Build. Type:
- Mixed Use
- Photos (7)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
10% cap rate. Magasin Business Park is a total 11 688 square feet comprising of six individual 1948 square foot buildings with potential for 38 parking stalls on one acre. High exposure from Hwy 625 & Magasin Avenue. Built as a business park to accommodate a variety of users such as medical, legal, retail, office or professionals. Wood frame construction, all buildings framed for 16' x 10' overhead doors. All six buildings currently leased to one user (francophone school). Lease in place till January 31, 2024, & an option till August 31, 2024. Excellent revenue with cap rate of 10%.
- Sale Type:
- Asset
- Transaction Type:
- For Sale
- Property Type:
- Office, Retail
- Construction:
- Wood Frame
- Building Type:
- Mixed Use, Commercial Mix, See Private Remarks
- # Units:
- 0
- Year built:
- 2010 (Age: 13)
- Total Floor Area:
- 11,688 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- Commercial District
- Plan:
- 0626218
- Title to Land:
- Freehold
- LINC Number:
- 0031963705
- Num. of Parcels:
- 1
- Entry date:
- Mar 06, 2023
-
Photo 1 of 7 -
Photo 2 of 7
-
Photo 3 of 7
-
Photo 4 of 7
-
Photo 5 of 7
-
Photo 6 of 7
-
Photo 7 of 7
Data was last updated June 3, 2023 at 06:30 AM (UTC)
- RE/MAX RIVER CITY
- (780) 439-7000
- Contact by Email
