703 Notre-Dame Street, Russell | Image 1

703 Notre-Dame Street

Russell, 602 - Embrun

  • Commercial

$7,690,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C - General Comm

  • Age: No Data

  • Taxes: 82551

  • MLS®#: X9415450

  • Days on Site: 1 Days

  • Added: Oct 16, 2024 (1 month ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: COLLIERS

Colliers International is pleased to offer For Sale a freestanding, single Tenant Shoppers Drug Mart totaling 16,910 SF and located along the main thoroughfare running through Embrun and situated in the major retail node of the Town. With over 1,300 locations in Canada, and backed by parent company Loblaw Companies, Shoppers Drug Mart is the dominant Canadian pharmacy retailer with recent annual sales above $17B in 2023. The asset is secured by a long term, carefree net lease providing for a stable income stream and minimal management required by the Landlord. Investors have the ability to purchase an asset with a great location, exceptional covenant Tenant, and long term income security.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Russell

  • Community: 602 - Embrun

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes: $82,551

  • Taxes Type: Annual

Land

  • Cross Street: Notre-Dame St & Indu

  • Municipality District: Russell

  • Parcel Number: 690070382

  • Sewer: San+Storm

  • Lot Irregularities: 2.3 Acres

  • Zoning: C - General Comm

Commercial Specific

  • Retail Area: 16910

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 16910

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

Map of 703 Notre-Dame Street, Russell
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For Sale
3 months ago
$7,200,000
  • 0 bath
  • 0 bed

ST GUILLAUME Road, Russell, Ontario • K0A 3H0 • 603 - Russell Twp