Lot dimensions 6 598 ft² (612.97 m²)

Owners’ comments

Automated translation

Very large commercial building with steel structure on the roof and floor of the 1st floor. A

lot of possibilities, benefiting from a nerve location on the main street in the heart of downtown Chibougamau.

Renovation grant of $29,000 available (25k already authorized).

Access through the alley at the back. Ready for your projects, cleaning done. Mini-warehouse license in the basement.

Complete Description
Complete Description

Property features

Asking Price
$169,000
Details
New price
Number of commercial units
2
Year of construction
1954
Building dimensions
5 800 ft² (538.84 m²)
General condition
To renovate
Certificate of Location
No
Number of parkings
8
Franchise
No
Municipal evaluation's date
2017
Lot's municipal evaluation
$55,200
Building's municipal evaluation
$355,900
Taxes year
2017

Foundation:

  • Cast concrete
  • Concrete block

External facing:

  • Steel

Roof:

  • Elastomer membrane

Windows:

  • Aluminium

Heating source:

  • Forced air
  • Convectair
  • Electric

Electric system:

  • 200 amps
  • 550 amps

Features:

  • Handicapped Facilities
  • Interior Warehouse
  • Furnace
  • Conference Room
  • Telephone System

Near Tourist Services:

  • Hotel

Basement:

  • Partially finished
  • Separate entrance
  • Potential income

Location:

  • Close to all services

Near Commerce:

  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Medical center

Near Educational Services:

  • Elementary school
  • College

Near Recreational Services:

  • Library

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Other
Storey: Main floor
Dimensions: 52' x 107' (15,85 m x 32,61 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$884.42
$10,613.00
School taxes
$109.17
$1,310.00
Insurance
$400.00
$4,800.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

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Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$169,000

Commercial building for sale

No. 800601

New price
Contact the owner
Contact the owner