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1st Floor - Unit 102
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Office
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1,243 SF
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$307,375 USD
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Unit Size: 1,243 SF
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Condo Use: Office
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Price: $307,375 USD
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Sale Type: Investment
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Price/SF: $247.28 USD
Description
This ground-floor commercial condominium in Saint-Jean-sur-Richelieu offers a turnkey investment opportunity with a secure, long-term tenant in place. Built in 2014, the 1,243-square-foot unit is currently leased to a major insurance and financial services company under a contract extending until 2031, generating annual revenues of $36,500 with indexed increases.
Sale Notes
The space is designed for professional use, featuring a mix of open-concept work areas and enclosed offices, providing flexibility for future configurations. The property is located in a strategic sector near major roadways and adjacent to two large residential developments, ensuring strong visibility and accessibility. With low operating expenses and a reliable AAA tenant, this asset is ideal for investors seeking stable cash flow and minimal management requirements.
The building is well-maintained, constructed with quality materials, and offers modern amenities, including air conditioning and ample parking. Its location within a growing community enhances long-term value and demand for professional services.
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