1205 105e Avenue
Shawinigan Shawinigan , G9P1L9
CENTRIS ID: 28348807
CENTRIS ID: 28348807
1205 105e Avenue
Shawinigan Shawinigan , G9P1L9
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Estimated Monthly Payment: $
Description
Commercial building ideally located in the heart of downtown Shawinigan-Sud, featuring 9 residential units, 2 commercial spaces (a hair salon and a general store), as well as 5 rented garages. Some work is required. Excellent opportunity for an investor seeking strong rental income potential and diversified revenue streams. Please note: the rent roll will be updated for the 2026 calendar year. Please contact the listing broker, Anna Donato, at 514-806-1446 for full details and additional information.
Addendums
Investment Opportunity -- Shawinigan-Sud
This commercial building, ideally located on the main artery of downtown Shawinigan-Sud, is a unique opportunity for investors. The property combines residential, commercial, and garage rental income, offering strong revenue potential.
1st Asset: Residential UnitsThe building includes:
1 apartment 3½
1 apartment 4½
7 apartments 5½ (including 1 currently vacant)
Two of the units include electricity in their lease, and two others come with a garage. The vacant unit offers an immediate opportunity to generate additional rental income.
2nd Asset: Commercial Spaces
Hair salon: L’Excellence
General store: JF Magasin Général
The general store occupies approximately 75% of the ground floor, while the hair salon uses the remaining 25%. This large, well-exposed commercial space is easily accessible and ideal for attracting a loyal customer base. Parking is available for both residents and customers.
3rd Asset: GaragesThe building features 5 detached garages at the rear: three are rented to third parties, and two are reserved for residential tenants.
Additional Information:
Work required: The roof needs to be redone, and several thermopane windows must be replaced.
Electrical meter: The residential section’s meter was updated in 2021 AND 2024.
Servitude: Servitude in favor of Bell Canada, registered under number 99 865.
Snow removal: A service is included in the building’s expenses.
Please Note: The revenues and descriptions provided are from April 2024. Updates and modifications to the rental income have occurred since then, which increase the property’s value.
Reason for Sale: Divorce -- motivated seller. Fairly priced, taking significant bids.
Asking Price: Motivated seller condition to quick closing.
Sale without legal warranty of quality, at the buyer’s risk and peril.
Please contact the listing broker, Anna Donato, at 514-806-1446 for full details and additional information.
Inclusions
12 hot water tanks.
Exclusions
As per leases.
Key Features
- Price: $850,000.00
- Municipality Tax: $19,969.00
- School Tax: $380.00
General Information
- Property Type Commercial building/Office
- Building type Detached
- Building size 167.70 x 32.70 ft
- Building area 5464 sqft
- Lot size 180 x 100 ft
- Lot area 15379 sqft
- Year built 1943
Municipal Assesment
- Year 2025
- Lot $128,600.00
- Building $439,700.00
Features
- Heating system Electric baseboard units
- Water supply Municipality
- Heating energy Electricity
- Foundation Poured concrete
- Garage Detached
- Proximity Highway
- Proximity Public transport
- Parking Garage
- Sewage system Municipal sewer
- Type of business/Industry Retail
- Type of business/Industry Warehouse
- Type of business/Industry Service
- Roofing Elastomer membrane
- Zoning Commercial
- Zoning Residential
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