$225,000 +GST/QST
ULS: 9469480
Commercial
for sale
582 Rg Notre-Dame, Saint-Chrysostome
**Monthly revenues of $2,200, annual revenues of $26,400** - Zoned for both residential and commercial use - Possibility to convert to residential and create up to 4 units. - Refer to zoning C-4-2 (verify authorizations with the municipality) - Building located in a zone subject to the submission of an Architectural Integration and Implementation Plan for heritage properties - The property requires work, particularly on the second floor, which needs to be completed - Pre-sale inspection report available - Century-old building according to the inspector, but listed as 1945 by the city Property visits: Tue or any day after 6pm
Lot area
684.20 m²
Addendum
**Located in the picturesque municipality of St-Chrysostome, this versatile property for sale offers a multitude of investment opportunities.** Currently operating as a thriving butcher shop generating monthly revenues of $2,200 (or $26,400 annually), this property presents an exciting potential for investment or conversion into a residential building with up to four units. With beautification projects planned for the coming years, including the installation of a sewer system starting in 2025 (pending approval), this investment promises higher revenues and long-term added value. Explore the compelling details of this attractive investment opportunity.
### II. The Thriving Butcher Shop:
Currently, the property operates as a successful butcher shop, generating a solid annual revenue of $26,400. The presence of an operational business provides immediate financial stability and the opportunity for a smooth transition to a more diversified income source.
The butcher shop is highly valued by the residents of St-Chrysostome and its surroundings for its quality products and excellent customer service. As a potential investor, you can choose to continue running this successful business or convert the property into rental units. Either way, this opportunity allows you to diversify your income streams and leverage the ongoing beautification projects.
### II. Prime Location and Beautification Projects:
St-Chrysostome is a charming municipality that attracts investors and residents due to its accessible location and welcoming atmosphere. Nestled in the heart of abundant nature, this town offers a peaceful environment and exceptional quality of life. Furthermore, the municipality has significant beautification projects underway that will further enhance its appeal.
One of the most anticipated projects is the installation of a sewer system, planned to begin in 2025 (currently pending approval). This development would open new opportunities for real estate growth and stimulate the region's economic expansion. As an investor, you could capitalize on this initiative by converting the existing property into a four-unit residential building. This would allow you to benefit from the expected increase in housing demand in the municipality, thereby generating higher long-term revenues.
Additionally, St-Chrysostome also plans other beautification initiatives, such as the development of parks, the expansion of community infrastructure, and the enhancement of the downtown area. These projects will contribute to creating an attractive and dynamic environment conducive to real estate investment. By investing in this property, you will be ideally positioned to take advantage of the future growth of this thriving town.
### II. The Thriving Butcher Shop:
Currently, the property operates as a successful butcher shop, generating a solid annual revenue of $26,400. The presence of an operational business provides immediate financial stability and the opportunity for a smooth transition to a more diversified income source.
The butcher shop is highly valued by the residents of St-Chrysostome and its surroundings for its quality products and excellent customer service. As a potential investor, you can choose to continue running this successful business or convert the property into rental units. Either way, this opportunity allows you to diversify your income streams and leverage the ongoing beautification projects.
### II. Prime Location and Beautification Projects:
St-Chrysostome is a charming municipality that attracts investors and residents due to its accessible location and welcoming atmosphere. Nestled in the heart of abundant nature, this town offers a peaceful environment and exceptional quality of life. Furthermore, the municipality has significant beautification projects underway that will further enhance its appeal.
One of the most anticipated projects is the installation of a sewer system, planned to begin in 2025 (currently pending approval). This development would open new opportunities for real estate growth and stimulate the region's economic expansion. As an investor, you could capitalize on this initiative by converting the existing property into a four-unit residential building. This would allow you to benefit from the expected increase in housing demand in the municipality, thereby generating higher long-term revenues.
Additionally, St-Chrysostome also plans other beautification initiatives, such as the development of parks, the expansion of community infrastructure, and the enhancement of the downtown area. These projects will contribute to creating an attractive and dynamic environment conducive to real estate investment. By investing in this property, you will be ideally positioned to take advantage of the future growth of this thriving town.
Building details and property interior
Dimensions
23' 8" X 36' 4" irr.
Year constructed
1958
Living area
1,206 ft²
Siding
Vinyl
Roofing
Asphalt shingles, Elastomeric membrane
Lot and exterior features
Lot size
38' 5" X 191' 10"
Lot area
684.20 m²
Parking (total)
Driveway (10)
Characteristics
Heating System
Electric baseboard units, Convection baseboards
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning, Signs allowed, Wall-mounted heat pump
Water Supply
Municipality
Sewage System
Septic tank
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 60,700
- Building assessment
- $ 135,200
- Total
- $ 195,900
Taxes
- Municipal (2024)
- $ 2,608
- School (2024)
- $ 1
- Total
- $ 2,609
Inclusions and exclusions
Mortgage payment calculator
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