Investment Opportunity in Gatineau! Property sale only (building) located at 579 Notre-Dame St. Net yield (Cap Rate) of 5.09% guaranteed through a secure sale-leaseback agreement.Net income of $30,000 / year ($2,500 / month):Convenience store (Main floor): $1,500 / month.Apartment (Upper floor): $1,000 / month.Turnkey Triple Net (NNN) Lease: The single tenant assumes 100% of all expenses (Gatineau property taxes, school taxes, insurance, and maintenance). Zero management for the buyer. Strategic 5,000 sq. ft. lot with high appreciation potential.
38'5" X 25' Irregular
1946
PVC
Concrete blocks , Concrete slab on ground
Stucco , Vinyl
Asphalt shingles
Low (less than 6 feet) , Outdoor entrance , Unfinished
- 100% Guaranteed Net Income: The seller commits to signing a 5-year Triple Net (NNN) master lease (with renewal options) upon closing. The buyer enjoys a net cash flow of $30,000/year ($2,500/month) from day one, with zero tenant management hassle.
- Zero Expenses for the Buyer: Under the Triple Net agreement, the sole tenant assumes 100% of all operating expenses, including City of Gatineau property taxes, school taxes, building insurance, and overall maintenance.Stable Income Diversification: A secure mixed-use model blending an established main-floor commercial space (neighborhood convenience store at $1,500/month) and a high-demand residential unit upstairs ($1,000/month).
- Prime Land Value (5,000 sq. ft. Lot): Situated on the highly visible and busy Notre-Dame Street in Gatineau. The sizeable lot provides excellent residual land value and significant long-term redevelopment or optimization potential under city zoning.
- Business Opportunity Bonus: For an owner-operator looking to run the business themselves, the convenience store's goodwill (equipment, inventory, licenses) can also be purchased as an add-on (price and terms to be discussed).
38'5" X 25' Irregular
1946
PVC
Concrete blocks , Concrete slab on ground
Stucco , Vinyl
Asphalt shingles
Low (less than 6 feet) , Outdoor entrance , Unfinished
50' X 100'
5,321.68 SF
Unpaved
Driveway : 6
Commercial , Residential
Forced air , Electric baseboard units
Municipality
Municipality
All permanent heating, electrical, and lighting fixtures, All sold without legal warranty of quality.
All convenience store merchandise inventory, non-fixed commercial equipment, the point-of-sale (POS) system, and all movable property and personal effects belonging to the tenant.
My name is DAVID PAREANEN INC., RE/MAX real estate broker. How may I help you?
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RE/MAX DIRECT | 216 Chemin D'Aylmer, Gatineau (Gatineau), Québec, J9H 1A4
RE/MAX DIRECT | 216 Chemin D'Aylmer, Gatineau (Gatineau), Québec, J9H 1A4
RE/MAX DIRECT | 216 Chemin D'Aylmer, Gatineau (Gatineau), Québec, J9H 1A4
Hello, my name is DAVID PAREANEN INC., real estate broker. Contact me for more information.
Hello, my name is FRANÇOIS PAREANEN INC., real estate broker. Contact me for more information.
Hello, my name is ROBI PAREANEN, real estate broker. Contact me for more information.
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