429 Av. St-Charles

$998,000+GST/QST
price

Prime Investment Opportunity - Ave. Saint-Charles, Vaudreuil. Exceptional mixed-use building in a high-traffic hub. This Triple Net lease ensures the tenant pays taxes, insurance, and maintenance for total peace of mind. Single-tenant occupancy by the renowned Duke & Devine's Irish Pub, a local staple under dynamic new management. The lease features a 5-year term with three 5-year renewal options, up to 20 years of stability. The layout includes a spacious main floor pub and an upper floor currently used as storage with potential for office or residential conversion. A turnkey, high-visibility investment on Vaudreuil's most coveted street.

Additional Details

Prime Investment Opportunity -
- Saint-Charles Avenue

Strategic Location & Maximum Exposure

Located in the heart of the action on Saint-Charles Avenue in Vaudreuil-Dorion, this mixed-use building (commercial and residential) offers unparalleled visibility in one of the region's most dynamic economic hubs. Exceptional Stability & Guaranteed Income

A rare opportunity for investors seeking simplified management and long-term security:

-Triple Net Lease (NNN): The tenant is responsible for property taxes, insurance, and maintenance costs, ensuring a stable net income for the owner.

-Single Tenant: The entire building is leased by a single tenant, greatly simplifying administrative and operational management.

-Long-Term Commitment: 5-year lease with three (3) 5-year renewal options (potential for 20 years of stability).

Premier Tenant: Duke & Devine's

-Local Institution: The ground floor is occupied by the renowned Duke & Devine's Irish Pub, a community staple established for many years.

-New Management: Under dynamic new ownership for approximately one year, ensuring the continued success and vitality of the business.

Building Configuration

-Ground Floor: Warm and spacious commercial space (the pub).

-Upper Floor: Residential component included; currently used as storage with the potential to be converted into office space, optimizing the property's overall value and versatility.

Whether you are a seasoned investor or looking for your first major commercial acquisition, this property represents a secure investment, anchored by a solid tenant on Vaudreuil's most coveted street.

Excluded in the sale

Tenants' personal effects, including all equipment and furniture used for restaurant operations.

Location

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Room Details

Assessment, taxes and other costs

Municipal taxes $9,020
School taxes $492
Municipal Building Evaluation $449,700
Municipal Land Evaluation $242,300
Total Municipal Evaluation $692,000
Evaluation Year 2023

Building details and property interior

Heating system Air circulation, Space heating baseboards, Electric baseboard units
Water supply Municipality
Heating energy Electricity
Foundation Poured concrete
Kind of commerce Restaurant - Pub
Type of business/Industry Retail
Siding Pressed fibre
Basement 6 feet and over, Partially finished
Sewage system Municipal sewer
Roofing Elastomer membrane
Zoning Commercial, Residential