2390 Louis-XIV, Beauport

Asking Price

$2,075,000 + GST/PST

Building area

11,485 SQ. Ft.

Land size

39,670 SQ. Ft.

Price per SQ. Ft.

$180.67

Property Description

A commercial building of nearly 11,500 sq. ft. ideally located in Beauport on Boulevard Louis-XIV, offering excellent visibility and accessibility. This property presents significant potential for optimization for an investor looking to maximize rental value and space utilization. A strategic opportunity in a growing area.

Building type

In a row

Building Category

Class B - Office

Year built

1988

Highlights

Strategic location in a rapidly growing area

Plenty of untapped potential

An asset offering value creation in the short to medium term

Other information

The sale is made without any legal warranty of quality, at the buyer's own risk.

Location
Building description

General Information

Cadastral number1 757 426
Land size39 670 SQ. Ft.

Total Municipal Assessment

Total Municipal Assessment$1 555 000
Municipal Land Assessment$520 000
Municipal Building Assessment$1 035 000

Construction

Clearance HeightTo be verified
Number of Storeys2
Type of BuildingIn a row
Type of ConstructionSteel
Year of Construction1988
Building Dimensions11 485 sq.ft.
N/A

Electromechanical System

LightingFluorescent, LED
Fire SystemTo be verified
Security SystemTo be verified
Existing FacilitiesTo be verified

Parking

Number of Parking Spaces~20 spaces

Area

Gross Area11 485 sq.ft
Leasable Surface Area11 485 sq.ft
Average Surface Area / Unit1 150 sq.ft

Features

PlumbingCopper, PEX, ABS
Condition of RoofGood condition
Service ContractTo be verified
Heating SystemTo be verified
Hot Water SystemTo be verified
Electrical PanelsCircuit breakers
Exterior SidingSteel, Brick
Environmental ReportN/A
Condition of Doors/WindowsGood condition
Income & Expenses

Revenue

yearly
Commercial $220,680
Lockers
Parking
Total revenues $220,680
Expenses recovery yearly
Total expenses recovery
Total Gross Income $220,680
Vac. / Bad debt $11,034
EGR $209,646

Expenses

Calc. yearly
Administration
Management Fees Current $6,620
Municipal Taxes Current $51,550
School Taxes Current $1,345
Insurance Current $8,109
Electricity Estimated $17,000
Heating
Snow Removal Current $4,495
Elevator
Lawn
Structural reserve Current $3,310
Janitor Estimated $6,620
Maintenance Estimated $11,034
WiFi
Heat pump
Total expenses $110,084
Rent roll

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Maxim Devarennes
Maxim Devarennes
|
Real Estate Broker
581-994-5100 maxim.devarennes@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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