716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8
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For Sale

$599,500

+GST/QST

716Z - 718Z Rue Short , Sherbrooke (Les Nations), QC J1H2E8

3 Beds 1 Baths

Remarks

Set on a magnificent 22,000 sq. ft. lot, this commercial income property offers excellent potential. It has undergone multiple renovations and has a versatile layout. The first floor and basement house an accounting firm. A 5 ½ room apartment upstairs is rented for $850/month, nothing included. Recent improvements include replacement of the hot water tanks, modernization of the monitoring system, refurbishment of the porch and gutters, as well as the addition of heat pumps and interior renovation. An ideal opportunity for investors or professionals!

This commercial revenue building offers excellent potential thanks to its various improvements and versatile configuration. Currently, the owners occupy the entire basement and most of the first floor for their accounting firm, with an additional storage room upstairs. They pay a monthly rent of $2,200 to their management company, including insurance and electricity. The first floor comprises several offices, three of which were previously rented separately, with two wall-mounted heat pumps and common areas. There is also an exterior exit to the rear and access to the basement.

N.B.: The lot can be subdivided for a future revenue property project. However, it will be the BUYER's responsibility to verify that his project is feasible according to the municipal zoning.

The 2nd floor is mostly occupied by a 5 ½ unit, rented for $850 per month (nothing included). It has a side entrance on two floors and another entrance through the bathroom, which is unusual. The unit has two closed bedrooms and an open room that can be used as a dining room or third bedroom.

A number of major renovations have been carried out, including replacing the hot water tanks, upgrading the camera surveillance system, refurbishing the rear porch and gutters, adding heat pumps and replacing some of the windows. Other works include interior renovation of offices and replacement of floor coverings.

This property, with its mix of commercial and residential space, represents a great opportunity for investors or professionals looking to combine a workplace with rental income. Potential annual income is estimated at $46,800, and the sale is taxable at 65% (for first floor commercial occupancy).

Inclusions:

Window treatments, wall-mounted heat pump, central vacuum and accessories.

Exclusions:

Telephone system

Property Summary

  • Neighbourhood: Mont-Bellevue
  • Lot Assessment: $222,000.00
  • Building Assessment: $384,400.00
  • Total Assessment: $606,400.00
  • Assessment Year: 2024
  • Municipal Tax: $7,092.00
  • School Tax: $265.00
  • Annual Tax Amount: $7,357.00 (2025)
  • Lot Frontage: 124.0 Feet
  • Lot Depth: 178.2 Feet
  • Lot Size: 22077.8 Square Feet
  • Building Width: 36.5 Feet
  • Building Depth: 40.4 Feet
  • No. of Parking Spaces: 15
  • Floor Space (approx): 3534.0 Square Feet
  • Built in: 1900
  • Bedrooms: 3
  • Bathrooms (Total): 1
  • Zoning: COMM, RESI

Building Features:

  • Driveway:
    Asphalt
  • Heating System:
    Convection baseboards , Electric baseboard units
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity
  • Equipment/Services:
    Central vacuum cleaner system installation , Wall-mounted air conditioning , Alarm system , Wall-mounted heat pump
  • Windows:
    PVC
  • Foundation:
    Stone
  • Proximity:
    Highway , Bicycle path , Elementary school , Public transportation
  • Siding:
    Vinyl
  • Basement:
    6 feet and more , Partially finished
  • Parking:
    Driveway
  • Sewage System:
    Municipality
  • Lot:
    Bordered by hedges
  • Window Type:
    Sliding , Guillotine , Casement
  • Roofing:
    Asphalt shingles
  • Topography:
    Flat

Rooms

  • Kitchen:
    Level: 2nd 3.10 m x 4.06 m
    Flooring: Flexible floor coverings
  • Living:
    Level: 2nd 3.76 m x 5.59 m
    Flooring: Flexible floor coverings
  • Dining:
    Level: 2nd 4.17 m x 2.69 m
    Flooring: Wood
  • Office:
    Level: 2nd 2.87 m x 2.08 m
    Flooring: Flexible floor coverings
  • Bedroom:
    Level: 2nd 3.86 m x 4.04 m
    Flooring: Wood
  • Bedroom:
    Level: 2nd 4.06 m x 3.78 m
    Flooring: Wood
  • Bathroom:
    Level: 2nd 3.23 m x 2.79 m
    Flooring: Flexible floor coverings

Revenue Units

  • Potential gross revenue: Residential
    $10,200.00
  • Potential gross revenue: Commercial
    $26,400.00
  • Potential gross revenue: Date
    09-19-2024

Expenses (annual)

  • Insurance
    $2,400.00
  • Electricity
    $4,735.00

Revenue Units

  • Pieces: 5 Bedrooms: 3 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Potential Monthly Revenue: $0.00
Lifestyle
Neighbourhood Info
Agent

Jean-Francois Bérubé

Courtier immobilier agréé DA

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Toll Free: 888.820.8363

Agent

Michel Richard

Courtier Immobilier

Michel Richard Courtier immobilier inc.

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Get More Info

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