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Frontage
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Overall View
To be built

334 Rue Principale, Granby, QC J2G

$1,499,000

  • 0 Bedrooms
  • 0 Bathrooms
  • 1947
  • MLS: 21595005

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.

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ROOM DETAILS
Room Dimensions Level Flooring
N/A
BUILDING
Type Commercial building/Office
Style Semi-detached
Dimensions 21.75x14.26 M
Lot Size 1386.2 MC
EXPENSES
Insurance $ 7215 / year
Energy cost $ 3833 / year
Snow removal / Lawn mowing $ 1067 / year
Municipal Taxes (2025) $ 14283 / year
School taxes (2025) $ 601 / year
CHARACTERISTICS
Equipment available Alarm system, Wall-mounted heat pump
Kind of commerce Beauty salon, Hair dresser - Men's, Tobacco store
Siding Brick
Zoning Commercial, Residential
Roofing Elastomer membrane
Heating system Electric baseboard units, Hot water
Heating energy Electricity, Natural gas
Sewage system Municipal sewer
Water supply Municipality
Type of business/Industry Retail, Service
This property is presented in collaboration with EXP AGENCE IMMOBILIÈRE