Lot dimensions 27,348 ft² (2,540.71 m²)

Owners’ comments

Automated translation

COMMERCIAL BUILDING FOR SALE $2,300,000

After several years of operation, we decided to retire. We are therefore offering a unique opportunity to acquire a commercial building currently hosting two well-established and financially healthy businesses

:

Le Petit Hotel
lepetithotel.ca L'Auberge La Passion

The second floor also includes a freshly renovated and up-to-date condo, offering modern and comfortable residential space directly in the building.

The asking price for the building is $2,300,000, according to an evaluation carried out by a certified appraiser.

Important: the valuation and the price of $2,300,000 are for the building only. The value of the two businesses is not included in this valuation.

The buyer can acquire only the building or, if he wishes to continue existing commercial activities, buy separately the contents necessary for business continuity for $60,000.

Building price: $2,300,000
Contents of the shops, optional: $60,000

A possibility of partial financing by the seller may also be offered, under conditions to be agreed with the buyer.

This is an excellent opportunity for an investor or entrepreneur looking to acquire a multi-purpose commercial building including a renovated condo, with the possibility of continuing existing, well-established and profitable businesses.

The sale is motivated solely by our retirement and not by the financial situation of the businesses.

For more information or to discuss purchase options, please contact the owners. Only serious and qualified requests will be considered.

Complete Description
Complete Description

Property features

Asking Price
$2,300,000
Details
Quick occupancy possible
Year of construction
1984
Number of commercial units
5
Building dimensions
125x130 ft (38.1x39.62 m)
Certificate of Location
Yes
Number of parkings
36
Company
hôtel Bar club Privé ( club libertins échangiste )
Franchise
No
In operation since
2012
Lot's municipal evaluation
$406,500
Building's municipal evaluation
$582,700
Annual income
$178,101

Foundation:

  • Cast concrete

External facing:

  • Brick
  • Canexel wood fibre siding

Roof:

  • Asphalt shingle
  • Sheet metal

Heating source:

  • Electric
  • Natural gas
  • Thermo-pump

Electric system:

  • 200 amps
  • Breakers panel
  • 550 amps

Features:

  • Air Conditioning
  • With Residence
  • Laundry room
  • Fire Detector
  • External Lighting
  • Outside Sign
  • Fireplace
  • Shed
  • Curtains
  • Bathroom
  • Municipal Services
  • Walk-in closet
  • Ceiling fixtures

Upgrades:

  • Cupboards
  • Kitchen
  • Electricity
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Roof

Garage:

  • Finished
  • Attached
  • Heated
  • Integrated
  • Insulated

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Public transportation
  • Close to all services

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Financial institution
  • Restaurant
  • Shopping Center

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health / spa Center

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • High School
  • College

Near Recreational Services:

  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$1,449.49
$17,393.88
School taxes
$62.33
$747.93
Electricity
$916.67
$11,000.00
Insurance
$829.92
$9,959.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

Download the legal documents that you need

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$2,300,000

Commercial space for sale

2655 rue Saint-Pierre Drummondville (Drummondville) Centre-du-Québec

No. 1116775

Quick occupancy possible
Are you interested in this property?
Here’s how to contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
Are you interested in this property?
Here’s how to contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.