RARE OPPORTUNITY | Over 108,000 sq. ft. of land in Fleurimont, with potential for approximately 114 residential units. PPCMOI approved, with architectural plans, site implantation certificate and CCU approval already in place. Located on a residential street leading to a cul-de-sac, with no rear neighbour and access to the Route Verte / cycling path nearby. The existing 18,572 sq. ft. building is currently leased, generating $90,396/year, with estimated potential gross income of $145,000/year. Close to CHUS, Université de Sherbrooke, Cégep de Sherbrooke and Autoroute 610. A strategic opportunity for a large-scale residential development!
Sale with exclusion(s) of legal warranty - See listing broker(s)
A RARE opportunity for developers in the Fleurimont sector!
Located at 1422 Rue Le Ber in Sherbrooke, this property offers over 108,000 sq.ft. of land, or more than 2 acres, in a strategic location.
Located on a residential street leading to a cul-de-sac, the property has no rear neighbour and offers convenient access to the nearby cycling path / Route Verte. Public transportation is less than 500 feet away.
**POTENTIAL FOR APPROXIMATELY 114 RESIDENTIAL UNITS**
The site offers potential for approximately 114 residential units. The City of Sherbrooke has confirmed its willingness to work on the project through a PPCMOI process.
Several documents are already in place:
- Project architectural plans - Proposed site implantation certificate - CCU approval - Approved PPCMOI
The final building permit must be obtained by the PURCHASER.
The existing building will need to be demolished to allow for the proposed residential development.
**INCOME WHILE AWAITING DEVELOPMENT**
The existing 18,572 sq. ft. building is currently occupied by tenants.
The building primarily accommodates storage uses, as well as certain commercial and industrial activities, subject to the applicable PPCMOI authorizations, including storage, woodworking, printing and welding.
**STRATEGIC LOCATION**
Located close to several major destinations:
- Route 112 and Autoroute 610 - CHUS -- Fleurimont Hospital - Université de Sherbrooke Health Campus - Marie-Reine Elementary School - École secondaire de la Montée - Cégep de Sherbrooke -- approximately 3.6 km - Bishop's University -- approximately 3.7 km - Université de Sherbrooke -- approximately 8 km - CPE Clair de lune and CPE Au Jardin - Grocery stores, pharmacies, shops and services - Restaurants - Parks, golf courses and sports facilities - Gyms and sports fields - Mont-Bellevue
Several public transit routes serve the area: 1, 3, 7, 12, 14, 19, 57, 903, 912 and 919.
Approximately 1h45 from Montreal, 2h15 from Quebec City and 50 minutes from the U.S. border.
**AN OPPORTUNITY WORTH CONSIDERING**
With its generous land area, strategic location, proximity to the Route Verte and cycling path, no rear neighbour and the work already completed toward a residential development project, this property represents an interesting opportunity for a developer looking to develop in Sherbrooke.
Please note: the proposed project, permitted uses, number of units and development potential must be verified by the purchaser with the City of Sherbrooke and the relevant professionals. Information is provided for reference only and remains subject to all required approvals.
Building details and property interior
Dimensions
132' 10" X 161' 6" irr.
Year constructed
1954
Lot and exterior features
Lot size
275' 2" X
Lot area
10,043.30 m²
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 289,700
Building assessment
$ 329,800
Total
$ 619,500
Taxes
Municipal
(2026)
$ 13,000
School
(2025)
$ 378
Total
$ 13,378
Inclusions and exclusions
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.