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.
Loading maps...
Loading street view...
| 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 |