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Lot dimensions 11 408.67 ft² (1 059.9 m²)

Owners’ comments

Automated translation

Convenience store located in a very busy area in Magog. A lot of layouts and renovations done.

Functional kitchen for preparing ready-to-eat meals.

Turnover increased, and this for only 2 and a half years. Perfect for new challenges. Possibility for new owners to live in the dwelling located above the convenience store or to rent it as well as the 2 garages, additional income.

List of works carried out and equipment available on request only.

Complete Description
Complete Description

Property features

Style
Canadian
Asking Price
$699,000
Details
With equipment
Year of construction
1969
Number of commercial units
1
Building dimensions
1 382.41 ft² (128.43 m²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
6
Company
Dépanneur
Franchise
No
In operation since
3
Municipal evaluation's date
2022
Lot's municipal evaluation
$83,700
Building's municipal evaluation
$170,000
Taxes year
2022
Mortgage balance
$225,000

Foundation:

  • Cast concrete

Bathroom:

  • Bath and shower

Frame:

  • Wooden part on part

External facing:

  • Vinyl Siding

Floor coverings:

  • Ceramic

Roof:

  • Asphalt shingle

Windows:

  • PVC

Heating source:

  • Forced air
  • Electric

Electric system:

  • 200 amps
  • Breakers panel

Features:

  • Air Conditioning
  • Central Vacuum Cleaner
  • Monitoring Camera
  • Cold Room
  • Kitchen
  • Fire Detector
  • External Lighting
  • Outside Sign
  • Bathroom
  • Municipal Services
  • Alarm System
  • Ceiling fixtures

Near Tourist Services:

  • National Park
  • Hotel
  • Port / Marina

Unloading dock:

  • External unloading dock

Basement:

  • Partially finished
  • Concrete
  • Separate entrance

Upgrades:

  • Kitchen
  • Electricity
  • Windows
  • Bathrooms

Garage:

  • Detached
  • Double

Parking / Driveway:

  • Asphalt
  • Crushed Gravel

Zoning:

  • Retail sale

Soil:

  • Gravel

Location:

  • Near schools
  • Close to all services

Near Commerce:

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

Near Health Services:

  • Hospital
  • Dentist

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Services:

  • Golf resort
  • Gym
  • Sportif center
  • Library
  • Ski resort
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Land taxes
$371.67
$4,460.00
School taxes
$17.08
$205.00
Rent
$47.50
$570.00
Water taxes
$4.42
$53.00
Insurance
$384.33
$4,612.00

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.

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.

$699,000

Grocery store / Corner store for sale

369/365 rue Merry Nord

Magog Estrie

No. 1016556

With equipment
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.

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.

Do you want to sell commission-free, too?