Located in the magnificent municipality of St-Chrysostome, a gem of the region, is a multi-purpose building for sale that offers a multitude of investment opportunities. Currently operated as a thriving butcher shop generating an annual income of $24,000, this building has great potential for conversion into a 4-unit building. With beautification projects planned for the coming years, including the installation of a sewage system from 2024 (project in approval), this investment promises higher revenues and long-term added value. Explore the captivating details of this attractive investment opportunity.
I. Privileged location and beautification projects: St-Chrysostome is a charming municipality that attracts investors and residents due to its accessible location and warm atmosphere. Nestled in the heart of abundant nature, this city offers a peaceful setting and an exceptional quality of life. Additionally, the municipality has major beautification projects underway that will further enhance its appeal.
One of the most anticipated projects is the installation of a sewage system, planned from 2024 (project in approval). This would open new opportunities for real estate development and stimulate economic growth in the region. As an investor, you could take advantage of this initiative by converting the existing building into a 4-unit building. This would allow you to take advantage of the predicted increase in demand for housing in the municipality, creating higher income in the long run.
In addition, St-Chrysostome also plans other beautification projects, such as the development of parks, the expansion of community infrastructures and the beautification of the downtown area. These initiatives will contribute to creating an attractive and dynamic environment conducive to real estate investment. By investing in this building for sale, you will be ideally positioned to benefit from the future growth of this booming city.
II. The butcher shop thrives: Currently, this building is operated as a successful butcher shop, generating a solid annual income of $24,000. Having an operational business provides immediate financial stability and the opportunity for a smooth transition to a more diversified source of income.
The butcher shop is appreciated by the inhabitants of St-Chrysostome and the surrounding area for the quality of its products and its excellent customer service. As a potential investor, you can choose to continue running this successful business or convert the building into rental accommodation, this opportunity will allow you to diversify your sources of income and take advantage of beautification projects.
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
Basement
6 feet and more, Unfinished
Lot and exterior features
Lot size
38' 5" X 191' 10"
Lot area
684.20 m²
Driveway
Asphalt
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