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$339,000
ULS: 26183396

Commercial for sale - Sherbrooke (Lennoxville)

184Z - 186Z Rue Queen, Sherbrooke (Lennoxville)
An opportunity to seize! Commercial and residential section rented for $3500/month. Enjoy this prime location with incredible visibility on Queen Street. Unique lot with more than 10,500 sq. ft. of land and double zoning, commercial and residential (60%). Take advantage of an income of $3500/month ( with yearly increase) rented until 2028. Many rental options are at your disposal. A brick bungalow-style house with meticulous maintenance, a large garage, a two-story shed "Hangar" and a two-story commercial building. Is this one yours?
Sale without legal warranty of quality, at the buyer's risk and peril.
Lot area 992.70 m²

MAXIM MESSIER

Real Estate Broker

RE/MAX D'ABORD INC.

TERRI GOODSELL

Residential Real Estate Broker

RE/MAX D'ABORD INC.

Located in the heart of Lennoxville, close to many shops, services, parks, bike paths, St-Antoine Elementary School, Lennoxville Elementary School, Galt High School, Champlain College, Bishop's University and Highway 410.

Residential property rented for a five-year lease at $1 300/month, nothing included.
Commercial section rented for a five-year lease at $1 700/month ($1300 + $400), nothing included.

Storefront! Prime location on Queen Street in the Lennoxville area. Visibility guaranteed!

Charming property clad all in brick with four exterior entrances. The property has three bedrooms, a full bathroom, the usual living areas and a laundry room upstairs. The basement is composed of a large family room to enhance your family moments, a powder room, a cold room, an abundance of storage and an attached unheated garage. The easy access from the garden level at the back is a very convenient access.
The two-story shed "hangar" consists of a garage-style space on the ground level with two garage doors, ideal for storing classic cars. The second floor is a large loft with an independent entrance, an ideal space for storage or your future projects.

The commercial building is divided in two sections. The first level offers a huge window on Queen Street, guaranteed visibility! A large space of more than 1,200 sq. ft. divided with a large reception area, a few offices, kitchenette, bathroom and storage. The room has a front entrance with 3 parking spaces and a rear entrance with 2 parking spaces. Available now!
The basement has a large space of over 1,200 sq. ft. with high ceilings and exterior exit. A barred stairwell connects the two rooms from the inside.


- The house is currently rented until April 30th 2028 at $1 300/month, nothing included.

- The hangar (2 garages) is currently rented until July 31, 2023. $150/month + TAXES nothing included.

- The hangar (*loft* on the 2nd floor) is currently rented until July 31, 2023. $250/month + TAXES nothing included.

- The Basement (building 184) is currently rented until December 31, 2027. $400/month + TAXES nothing included.

- The commercial space is currently rented until December 31, 2027. $1,300/month + TAXES.
* See annex housing & leases (detailed list).


-Take note that the land is currently contaminated. See attachments and Listing Brokers for more information.

- The information is taken from the 2021 certificate of location of Lessard L'Hérault & Blanchard.

-The buyer must check with the competent authorities to obtain confirmation and compliance with the relevant zoning provisions and regularities.

The date of construction of the commercial building is 1983.
-The commercial part of the property is subject to GST and PST
Dimensions 30' 3" X 40' 3" irr.
Year constructed 1959
Siding Steel, Concrete, Brick
Roofing Elastomeric membrane, Asphalt shingles, Sheet metal
Garage Attached, Detached
Basement Finished basement, Outdoor entrance, 6 feet and more
Lot size 99' X
Lot area 992.70 m²
Driveway Asphalt
Parking (total) Driveway (8), Garage (3)
Proximity Highway, Public transportation
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Central vacuum cleaner system installation, Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2023)

Lot assessment
$ 132,000
Building assessment
$ 185,000
Total
$ 317,000

Taxes

Municipal (2023)
$ 5,568
School (2021)
$ 288
Total
$ 5,856

Inclusions

Commercial (184) 2 heat pumps and alarm system. House (186) central vacuum.

Exclusions

Tenants personal belongings and furniture. Maison (186) curtains and lights fixtures.

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