2694 - 2720 Rue Sherbrooke, Magog, QC, J1X 4G1

$3,899,000 +GST/QST

MLS® # 20817413

Commercial For Sale In Magog, Quebec

$3,899,000 +GST/QST

Property Information:

Prime location in Magog! This commercial building offers excellent income potential and immediate optimization opportunities with three currently vacant units. The building benefits from a large parking lot, remarkable visibility, and quick access to the highway, as it is located on one of the city's main commercial arteries, Sherbrooke Street. In addition to the building, two large vacant lots totaling over 109,000 sq. ft. open the door to various development or expansion projects, such as the possibility of building up to 144 housing units. An ideal opportunity for any investor!

* Visits allowed only upon accepted promise to purchase.

* This sale is made without any legal guarantee of quality, at the buyer's own risk.

* Overall project available upon request.

* Phase II available upon request.

Building Features:

  • Style: Detached
  • Basement: None
  • Building Area: 2059.58 Square Metres
  • Driveway: Asphalt, Unpaved
  • Foundation: Poured concrete
  • Loading Platform: Doors/Ground, Permanent dock
  • Property or unit amenity: Central air conditioning, Fire detector, Signs allowed
  • Proximity: Highway
  • Roofing: Elastomeric membrane
  • Siding: Steel
  • Size: 64.8 x 26.42 METRE
  • Windows: Aluminum
  • Heating System: Forced air, Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Taxes:

  • Municipal Tax: $36,357
  • School Tax: $1,548
  • Annual Tax Amount: $37,905

Property Assessment:

  • Lot Assessment: $1,197,800
  • Building Assessment: $956,800
  • Total Assessment: $2,154,600

Property Features:

  • Built in: 1974
  • Irregular: Yes
  • Lot Frontage: 120.11 Metre
  • Lot Size: 20455.70 Square Metres
  • Zoning: COMM, RESI

Courtesy of: Royal LePage Au Sommet

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

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