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Listed by Pascal Dufresne
$ 1,499,000+TX
Est. payment /mo
Active
334 -338 Rue Principale Granby, QC J2G2W4
0.34 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21595005
Style Semi-detached
Year Built 1947
Tax Status Price + Taxes
Lot Size 0.343 Acres
Property Description
At 334--338 Principale Street, Granby, this is a high-potential investment opportunity. A three-storey mixed-use property, stabilized asset: 3 commercial units (2,900 sq. ft.) and 6 residential units (5,800 sq. ft.). A construction permit has already been issued to add a new building at the rear of the lot on the same parcel, accelerating the project start. Annual gross income of $105,186 helps support the acquisition and carry the property during construction. The completed multi-building asset may be eligible for long-term financing (CMHC). Contact me for plans, development scenarios, and next steps. Full package available upon request.
Discover a rare investment opportunity at 334--338 Principale Street, Granby. More than a three-storey mixed-use property, this is a stabilized asset featuring 3 commercial units totaling approximately 2,900 sq. ft., along with 6 apartments offering approximately 5,800 sq. ft. of living space.
With the acquisition of this property, you also benefit from a construction permit already issued, allowing you to build a new building on the same lot, behind the existing structure. The property generates approximately $105,186 in annual gross income, helping support your acquisition costs so you can focus on construction and moving your project forward.
Once completed, the resulting multi-building property may be eligible for long-term financing, including through the Canada Mortgage and Housing Corporation (CMHC).
Contact me to discuss the potential, development scenarios, and next steps. Don't spend years waiting for permits--build now.
Discover a rare investment opportunity at 334--338 Principale Street, Granby. More than a three-storey mixed-use property, this is a stabilized asset featuring 3 commercial units totaling approximately 2,900 sq. ft., along with 6 apartments offering approximately 5,800 sq. ft. of living space.
With the acquisition of this property, you also benefit from a construction permit already issued, allowing you to build a new building on the same lot, behind the existing structure. The property generates approximately $105,186 in annual gross income, helping support your acquisition costs so you can focus on construction and moving your project forward.
Once completed, the resulting multi-building property may be eligible for long-term financing, including through the Canada Mortgage and Housing Corporation (CMHC).
Contact me to discuss the potential, development scenarios, and next steps. Don't spend years waiting for permits--build now.
Location
Province QC
Interior
Inclusions Architectural plans - Geotechnical study - Environmental site assessment (phase) - Structural plans - Building permit - Certified appraisal report - Site plan - Fire department access easement
Exterior
Lot Depth 63.98
