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5 bedrooms
Lot dimensions 6 641 ft² (616.97 m²)

Owners’ comments

 Commercial building including 1 convenience store and 3 appartments, for sale for $ 450,000 + inventory.

 

The building is conveniently located in downtown Hemmingford, next to city hall and Canada Post, opposite two financial institutions and within easy reach of Safari Park (6 minutes by car), camping / golf and many orchards.

 

The convenience store has been established for over 40 years, has a turnover of $750,000 / year and good profitability.

 

An apartment (1 and a half) on the ground floor with an independent entrance to the convenience store. It is functional with a kitchen and a bathroom. You can rent it or keep as office / housing.


Two apartments (4 and a half each) on the 2nd floor with balcony. They are all rented and bring in an income of $850 / month.

 

Complete Description
Complete Description

Property features

Asking Price
$450,000
Details
Negotiable
Number of commercial units
1
Certificate of Location
Yes
Number of parkings
8
Franchise
No
Municipal evaluation's date
2017
Lot's municipal evaluation
$43,100
Building's municipal evaluation
$124,400
Taxes year
2017

External facing:

  • Wood
  • Brick
  • Vinyl Siding

Roof:

  • Elastomer membrane

Heating source:

  • Electric

Electric system:

  • 200 amps

Upgrades:

  • Electricity
  • Roof

Parking / Driveway:

  • Asphalt

Zoning:

  • Retail sale

Location:

  • Highway access
  • Near schools
  • Close to all services

Lot description:

  • Flat geography

Near Commerce:

  • Drugstore
  • Bank
  • Financial institution
  • Restaurant
  • Bar

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school

Near Recreational Services:

  • Golf resort
  • Library

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 28' 7" x 56' 7" (8,70 m x 17,25 m)
Flooring: Linoleum
Suite
Storey: Main floor
Dimensions: 14' 9" x 24' 7" (4,50 m x 7,50 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 28' 7" x 31' 6" (8,70 m x 9,60 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 33' 6" x 20' 8" (10,20 m x 6,30 m)
Flooring: Linoleum

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.

$450,000

Commercial / Apartment for sale

No. 791295

Negotiable
Contact the owner
Contact the owner
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