Potential revenues of $52140.00 per year. Income building with a commercial rent on the first floor of +-1473 sq.ft. and 2 residential rents (3 1/2 and 6 1/2) located near services. Several parking lots and an insulated double garage. Possibility for zoning: Single-family, two-family, multi-family (3 to 8 units), boarding houses, rooming houses, retail, personal and professional service. The buyer will have to verify the destination he intends to make with the building with the competent authorities. Very good tenants. Building and rents very well maintained. Great opportunity to set up your business there!
38'20" X 76'80" Irregular
1940
4,404.5 SF
Wood , PVC
Poured concrete
Vinyl
Asphalt shingles , Elastomeric membrane
Attached , Heated , Double width or more
None
- This sale is made without legal warranty of quality, at the risk and peril of the buyer.
- At the request of the seller, the deed of sale must be before Me Janik Branchaud notary of Coaticook.
- As of August 7, 2023, the annual income is
$37320.00 and potential income of $52140.00 annually.
- The seller declares to have the construction plan.
- Roof covering from 2013 and 2018.
- Water heater + or - 2 years old.
- For the building, there are 2 electricity accounts, and the owner does not know how the electricity is distributed throughout the building, which is why heating and electricity are included in the leases.
- Snow removal contract $500.00 + taxes, lawn maintenance +or- $700.00 + taxes
- Double garage of 23p. X 26p., insulated and heated with 2 garage doors.
- For the commercial office, air conditioning for the forced summer. The top rent has a wall-mounted heat pump.
- The seller declares that the commercial rent is insulated against fire for other rents. This statement has not been verified with the city of Magog.
- The address of the commercial part is 1285 rue Maisonneuve and the apartments are 100-1 and 100-2 rue Calixa-Lavallée.
- THE BUILDING IS SUBJECT TO THE GOODS AND SERVICES TAX AND THE QUEBEC SALES TAX OF A PROPORTION OF 52.61% FOR THE PART OF THE COMMERCIAL OFFICE AT 1285 MAISONNEUVE IN MAGOG.
- The new certificate of location is in production.
- The construction of the building dates from 1940 according to the municipality, but has been enlarged in recent years.
- The zoning allows: Single-family, two-family, multi-family (3 to 8 units), boarding houses, rooming houses, retail, personal and professional service. The buyer will have to verify the destination he intends to make with the building with the competent authorities.
-For the floor and living area, the double garage is included. (598 sq. ft.)
38'20" X 76'80" Irregular
1940
4,404.5 SF
Wood , PVC
Poured concrete
Vinyl
Asphalt shingles , Elastomeric membrane
Attached , Heated , Double width or more
None
77'30" X 137' Irregular
12,547.5 SF
Asphalt
Driveway : 8 , Garage : 2
Commercial , Residential
Electric baseboard units
Electricity
Municipality
Municipality
The kitchen island in the 3.5 rooms.
All furniture and personal effects from both rent and commercial rent.
My name is ERIC KELLY, RE/MAX real estate broker. How may I help you?
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RE/MAX D'ABORD | 848 rue Principale Ouest, Magog, Québec, J1X 2B6
Hello, my name is ERIC KELLY, real estate broker. Contact me for more information.
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