5318 - 5328 Hébert / 86-88 Yvon-Provost, Salaberry-de-Valleyfield

Asking Price

$2,325,000 + GST/PST

Building area

9,766 SQ. Ft.

Land size

71,131 SQ. Ft.

Price per SQ. Ft.

$238.07

Property Description

Commercial building located on a busy thoroughfare in Valleyfield, in the sought-after Saint-Timothée neighborhood, generating excellent income. The property offers significant redevelopment potential thanks to a large land area that allows for future expansion. The building has been meticulously maintained by the owner since its acquisition, with no major capital expenditures anticipated in the short or medium term. All existing leases have a minimum term of 3 years, and the tenants have been established for several years. Possibility of quickly vacating 2 to 3 units, ideal for an owner-occupier.

Building type

Detached

Building Category

Light Industrial

Year built

1988

Highlights

Turnkey asset with no capital expenditures required in the short term

Located on a high-traffic artery in Saint-Timothée

Ample on-site parking

Strong redevelopment potential on the land

Capital spendings in recent years

Façade (2017)

Roof (2017–2025)

Electrical and façade lighting (2017)

Sidewalk section (2017)

Renovation of unit 5328 (2021)

Other information

Half of the roof was replaced in 2017 and the remaining half in 2025

Garage door measuring 10' wide by 12' high

Loading dock measuring 8' x 7'

The SELLER gives no legal warranty of quality to the buyer, [...] (see broker for complete clause).

Location
Building description

General Information

Cadastral number4 862 440

Total Municipal Assessment

Total Municipal Assessment1 262 000 $
Municipal Land Assessment788 000 $
Municipal Building Assessment474 000 $

Construction

Clearance Height9' to 12'
Number of Storeys1
Type of BuildingDetached
Type of ConstructionSteel structure
Year of Construction1988
Building Dimensions131,7 x 115 p. irr
Single-storey building on slab with a partial basement of approximately 750 sq. ft. Steel structure with masonry and sheet metal exterior Building subdivided into multiple commercial units Clear ceiling height ranging from approximately 9 to 12 feet Loading dock and basement used for storage and mechanical room Overall condition is good, with several renovations completed over the y

Electromechanical System

Fire SystemSmoke detector
Security SystemN/A
Existing FacilitiesClément Hydraulitech, Sécurité Quenneville, Services CRW, Transport en vrac Beauharnois-Salaberry

Parking

Number of Parking Spaces40 spots (approx.)

Area

Gross area (including the mezzanine)10 363 sq.ft.
Leasable Surface Area including the mezzanine and basement10 363 sq.ft.
Land Surface Area71 131 sq.ft.
Ground-floor building area10 363 sq.ft.
Available Surface AreaTo be determined
Average Surface Area / Unit1 627 sq.ft.

Building type

May be purchased with 100 Yvon-Provost

Features

SprinklersNo
Ground Level DoorYes, 10' wide by 12' high
PlumbingPEX / ABS / Copper / Standard / Kitchen sinks
Condition of RoofAsphalt Shingles
Overhead CranesNo
Service ContractTo be verified
Loading DocksYes, 8' wide by 7' high
Heating SystemForced air heating / Electric baseboards / Air conditioning
Hot Water SystemWater heater tank
Electrical PanelsBreakers
Exterior SidingMasonry / Steel / Sheet metal
Outdoor StorageN/A
Electrical PowerTo be verified
Environmental ReportTo be ordered
Condition of Doors/WindowsAluminium / Fixe
Income & Expenses

Revenue

yearly
Commercial $156,301
Lockers
Parking
Other revenues
Total revenues $156,301
Expenses recovery yearly
General Recovery $1,000
Tax Recovery $28,048
Insurance Recovery $7,668
Maintenance Recovery $6,952
Total expenses recovery $43,668
Total Gross Income $199,969
Vac. / Bad debt
EGR $199,969

Expenses

Calc. yearly
Administration
Management Fees
Municipal Taxes Current $27,298
School Taxes Current $750
Insurance Estimated $7,668
Electricity Estimated $1,000
Heating
Snow Removal
Elevator
Lawn
Structural reserve
Janitor
Maintenance Estimated $6,952
WiFi
Heat pump
Total expenses $43,668
Jérémy Martel
Jérémy Martel
Team Laurent Paquin et Mélissa Jacob
|
Real Estate Broker
438-393-3959 jeremy.martel@pmml.ca
Property Photos
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
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