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Income properties for sale
172, Rue Principale, Saint-Damase (Montérégie)
$559,000
$559,000
Income properties for sale
172, Rue Principale, Saint-Damase (Montérégie)
Features
Use of property
Residential, Commercial
Year built
1911
Available commercial area
3,000 sqft
Number of units
Residential (2), Commercial (1)
Residential units
2 x 4 ½
Potential gross revenue
43,620 $
Description
Located in the heart of downtown Saint-Damase, this well-established convenience store with 2 upstairs apartments (4 1/2) offers a unique opportunity. The price includes the building, the business assets, and all equipment related to the operation. The business has generated stable revenue for several years and offers growth potential, particularly due to the current below-market rents of the apartments, which allows for future rent increases. It is possible to finance up to 90% of the building,business,and inventory, making it a great opportunity to acquire a profitable business with passive income.
Centris No. 17599953
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $96,800 |
| Building | $348,500 |
| Total | $445,300 |
| Taxes | |
|---|---|
| Municipal (2024) | $4,013 |
| School (2025) | $319 |
| Total | $4,332 |
| Expenses | |
|---|---|
| Electricity | $10,184 |
| Insurance | $4,902 |
| Snow removal | $368 |
| Total | $15,454 |
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