819 847-0444

895 000 $ + tx

MLS / ID #23170079


Description

Commercial building comprising 2 commercial premises and 9 residential units with excellent performance. Very well located on King Street West downtown. Commercial space of 1600sqft available to the buyer. Potential gross income of $ 122,220 / year. Grant of nearly $ 100,000 from the city of Sherbrooke available for renovation.

General

Price895 000 $
Built year1880
Reprise de financeNo
Lot's evaluation122 100 $
Building evaluation507 700 $
Total evaluation629 800 $

Costs

Insurance 8 501 $
Energy cost 7 000 $
Municipal Taxes 13 617 $
School taxes 637 $
Total 29 755 $

Other informations

Year evaluation2021
Seller's declaration See listing broker
Date de fin de bail2023-05-31
Property Category Revenue property
Type of building Detached
Number of floors3
Frontview of the building170.7 Feet
Depth of the building166.8 Feet
Lot frontage16.15 Meters
Depth of field25.16 Meters
Lot area407.1 Square meters
Number of pieces5
Number of rooms2
Number of bathrooms2
Total number of units11
Status Active
Company nameRestaurant l'Empreinte
Lease expires202305
Indice de taxe sur le prix demandéYes
Vente sans garantie légaleO

Additional Features

Cupboard Melamine, Wood
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Windows PVC
Foundation Stone
Siding Brick, Stucco
Distinctive features Street corner
Proximity Hospital, Public transport, Cegep, Bicycle path
Basement Unfinished, 6 feet and over, Separate entrance
Sewage system Municipal sewer
Window type Hung
Roofing Elastomer membrane
Topography Flat
View City
Zoning Residential, Commercial

PDF format 3D visit

Additional Information

Accommodation details:

# 292: Commercial space of 1700sqft on the ground floor + 2000sqft in the basement, rented for $ 2100 / month, nothing included.

# 294-2: 5 1/2 room apartment, rented $ 820 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-3: 2 1/2 room apartment, rented $ 465 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-4: 4 1/2 room apartment, rented $ 490 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-5: 3 1/2 room apartment, rented $ 542 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-6: 3 1/2 room apartment, rented $ 470 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-7: 2 1/2 room apartment, rented $ 460 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-8: 4 1/2 room apartment, rented $ 480 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-9: 3 1/2 room apartment, rented $ 525 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 294-10: 1 1/2 room apartment, rented $ 470 / month, includes electricity, heating, hot water, stove and refrigerator. Exp: 30/06/2022

# 298: Vacant commercial space of 1300sqft on the ground floor + 300sqft in the basement. Potential income of $ 3000 + taxes, nothing included. Exp: 30/06/2022

- The amount of electricity is for 305 days.

- The amount of insurance is before the 9% tax

- Servitudes of views: # 422 096, 282 086.

- Possibility of obtaining an annual parking permit for the Gillespie parking lot located near the building.

- Zone C0572, permitted uses:

- Isolated three-family dwelling (H-6)

- Multi-family dwelling - 4 to 8 apartments (H-8)

- Three-family row and multi-family housing - 9 to 18 units (H-9)



- Retail trade and service in general (C-2)

- Professional, personal and specialized service (C-3)

- C-500 Hotel, motel

- C-501 Hostel

- Trade related to the sale of alcohol (C-7)

- I-100 Manufacture and manufacture of clothing and accessories

- I-101 Food and Beverage Manufacturing

- Community service (P-1)

- Superior community service (P-2)

- Unconstrained public utility infrastructure (U-1)

- The immovable is taxable in a proportion of 33%.







Inclusion

According to the leases in force.

Exclusion

Personal belongings of tenants.

CONTACT US

Jeremy Lacroix
Tel. 1 (819) 822-6414
Tel. 2 (819) 847-0444

José Lacroix
Tel. 1 (819) 822-6445
Tel. 2 (819) 847-0444

Mikael Lacroix
Tel. 1 (819) 861-3414
Tel. 2 (819) 847-0444

Calculation of payments

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Land Transfer Tax

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