Commercial building/Office for sale

139 Boul. de l'Hôpital, Gatineau (Gatineau), Outaouais

$4,810,000+ GST-QST
139 Boul. de l'Hôpital
Gatineau (Gatineau)
Type
Commercial building/Office
Bedrooms
N/A
Living area
13668 PC
Bathrooms
N/A
MLS® 15551090

Property description

Modern Commercial Property with Excellent Investment Potential! Commercial plaza of approximately 14,625 sq. ft., recently built, offering excellent visibility and strong income potential. The building includes five separate units, with one space currently available--perfect for a buyer looking to establish their own business. The other units are occupied by stable tenants, including Le Vélo Shop and a well-known local law firm. An exceptional opportunity for an investor or owner-occupant seeking a well-located and profitable property. Don't miss this chance!

Details

Municipal Taxes $9,852
School taxes $2,454
Living area 13668 SF
Items included in the sale nil
Items excluded in the sale all items belonging to occupants
Dimension of the front of the building 192 F
Dimension of the depth of building 71 F
Land area 48420 SF
Dimension of the front of the land 214 F
Dimension of the depth of the land 226 F
Municipal assessment (land) $1,694,700
Municipal assessment (building) $1,247,000
Municipal assessment (total) $2,941,700
Assessment year 2025
Year built code Unknown
Area of ​​the building 14625 SF
Water supply Municipality
Sewage system Municipal sewer
Type of business/Industry Service
Zoning Commercial
Summary of Existing Lease Agreements
Tenant 1
Name: Duclos
Area (sq.ft): 3,843
Base rent: 17.00 $/pi²
Annual rent: 65,331.00 $
Recoveries: 8.50 $/pi²
Annual recoveries: 32,665.50 $
Term: 5 years
Expiry: 2024-08-31
Remarques / Notes: Frais récupérables ±8.53 $/pi² +
T.I.N.R. estimée
Tenant 2
Name Duclos
Base rent: 17.00 $/pi²
Annual rent: 34,901.00 $
Recoveries: 8.50 $/pi²
Annual recoveries: 17,450.50 $
Term: 5 years
Expiry: 2024-08-31
Notes: ±8.53 $/pi² + T.I.N.R. estimated
Tenant 3
Name: Vélo La Shop
Area (sq.ft): 1,900
Base rent: 15.00 $/pi²
Annual rent: 28,500.00 $
Recoveries: 6.50 $/pi²
Annual recoveries: 12,350.00 $
Term: 5 years
Expiry: 2024-06-31
Notes: Frais récupérables ±8.53 $/pi² + T.I.N.R. estimated
Tenant 4
Name: Vélo La Shop
Area (sq.ft): 3,018
Base rent: 18.00 $/pi²
Annual rent: 54,324.00 $
Recoveries: 7.50 $/pi²
Annual recoveries: 22,635.00 $
Term: 5 years
Expiry: 2024-10-31
Notes: Frais récupérables ±8.53 $/pi² + T.I.N.R. estimated
Tenant 5
Name: Vacant
Area (sq.ft): 2,854
Base rent: --
Annual rent: --
Recoveries: 8.50 $/pi² (estimated)
Annual recoveries: 24,259.00 $
Term: --
Expiry: --
Notes: --
Totals
Total area: 13,668 pi²
Total annual rent: 183,056.00 $
Total recoveries: 113,989.50 $
Average contractual rent: ± 18.43 $/pi² (gross rate)
Vacancy rate: ± 20.88 %
The sale is made with no legal warranty , at buyer`s risks
and perils . The closing notary will be chosen by the
vendor , or if buyer`s notary signs electronically we can
accommodate.
no compensation will be paid to the broker if, before the
signing of the deed of sale, the owner of the property or a
third party remedies the defaults, pays the amounts owed to
the judgment creditor, or if the said creditor withdraws
their judgment and there is no longer any need to proceed
with the present sale under court supervision. the same
applies if the seller is prevented from completing the sale
due to an injunction, order, or judgment of a court, or if
the owner surrenders their assets in accordance with the
provisions of the bankruptcy and insolvency law.

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