$285,000
Apply for your Desjardins mortgage financing →

Commercial / Apartment for sale

14-20, rue Main Ouest Coaticook Estrie

No. 963708

Negotiable
Contact the owner
Phone
819-345-0875

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.

See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
819-345-0875

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.

Lot dimensions 2,258 ft² (209.78 m²)

Owners’ comments

Town commercial center, facing the traffic. Visibility guaranteed.

Commercial space ground floor and basement, 20x40 = 800 square feet.

Plus, very large warehouse on the 2 floors, 1152 square feet. It is a two-story vault (each is 480 ft) plus a little back store 192 square feet, with a humidity-controlled machine and a fire-proof steel fortified door.

Roof redone with membrane 2003.

Three residential apartments on the 2nd floor: 4 1/2,   3 1/2,

and very large 2 1/2.

Oil / hot water heating. Can be converted to electricity to heat each apartment.

Revenus bruts potentiels annuels:
- appartements: 18984.00 $
- étage commercial: 11460.00 $
TOTALE of income:  30 444.00$

Dépenses bruts annuels:
- Taxes mun+scol 5 922.69 $ 2024
- chauffage 12 000.00 $ 2023
- assurance 3 806.40 $ 2024

TOTAL of expences: 21 729.00   $

Total of net income: 8 715.00 $ per year

Please note, the net revenue can be easily increased if the building mazut heating system will be converted to electrical heating. Each tenant will be responsible to pay his own heating bill.


Then total revenue will increase more then 10 000 $ per year.

Complete Description
Complete Description

Property features

Style
Ancestral
Asking Price
$285,000
Details
Negotiable
Year of construction
1900
Number of commercial units
1
Building dimensions
2,258 ft² (209.78 m²)
General condition
Standard
Certificate of Location
Yes
Company
immeuble avec local commercial et entrepôt au rez-de-chaussée,3 appartements privés à louer au deuxième étage.
Franchise
Yes
In operation since
1900
Municipal evaluation's date
2023
Building's municipal evaluation
$199,700
Annual incomes
$30,444
Taxes year
2024

Lease:

  • With Lease

Bathroom:

  • Bath and shower

Floor coverings:

  • Concrete
  • Laminate
  • Ceramic

Roof:

  • Elastomer membrane

Heating source:

  • Hot water
  • Oil

Electric system:

  • Breakers panel
  • Fuses panel

Near Tourist Services:

  • National Park
  • Hotel

Upgrades:

  • Cupboards
  • Kitchen
  • Plumbing
  • Bathrooms

Zoning:

  • Bar
  • Office
  • Storage
  • Manufacturer
  • Restaurant
  • Services
  • Show
  • Retail sale

Near Commerce:

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

Near Educational Services:

  • College

Near Recreational Services:

  • Library
  • Museum

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: 2nd floor
Dimensions: 27' x 83' (8,23 m x 25,3 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 27' x 83' (8,23 m x 25,3 m)
Flooring: Laminate

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.

Need the form?

Documents to download

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.

$285,000
Apply for your Desjardins mortgage financing →

Commercial / Apartment for sale

14-20, rue Main Ouest Coaticook Estrie

No. 963708

Negotiable
Contact the owner
Phone
819-345-0875

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.

See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
819-345-0875

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.

Do you want to sell commission-free, too?
Explanatory videos of our services
Free  consultation
1 866 387-7677
Back to results