COVID-19 NOTICE: Our recommendations for visiting a property safely while respecting the public health guidelines. Read »
Lot dimensions 6 598 ft² (612.97 m²)

Owners’ comments

Automated translation

Commercial space of 5800 feet on the ground floor located on the main street in the heart of downtown Chibougamau. Zoning 192C.

Possibility of $29,000 in municipal grant.

Basement with permit of mini warehouses.

Price 15% under municipal evaluation. (285,000$)

Current Value Report by Property Valuation Paquette $285,000 (available on request).

Report dated July 2020 from an engineering firm confirming the structural integrity of the building (available on request).

Building paid free of debt, no mortgage.

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

Concrete clearing inspected and compliant on most of the building

A lot of possibilities, 3 rear access through the alley.

Possibility of parking

Electricity 220 and 550 volts.

Complete Description
Complete Description

Property features

Asking Price
$242,000
Details
Make an offer
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
$129,000
Taxes year
2020

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

Parking / Driveway:

  • Outside

Location:

  • Close to all services

Near Commerce:

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

Near Health Services:

  • Medical center

Near Recreational Services:

  • Gym
  • Library

Complete list of property features

Room dimensions

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

$242,000

Commercial building for sale

No. 800601

Make an offer
Contact the owner
Contact the owner
Do you want to sell commission-free, too?