For Sale

$3,899,000

+GST/QST

2694 - 2720 Rue Sherbrooke , Magog, QC J1X4G1

rue Saint-Jacques Est

Detached

Remarks

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.

Property Summary

  • Building Style: Detached
  • Lot Assessment: $1,197,800.00
  • Building Assessment: $956,800.00
  • Total Assessment: $2,154,600.00
  • Assessment Year: 2026
  • Municipal Tax: $36,357.00
  • School Tax: $1,548.00
  • Annual Tax Amount: $37,905.00 (2026)
  • Lot Size: 20455.7 Square Metres
  • Building Width: 64.8 Metre
  • Building Depth: 26.42 Metre
  • Number of Units: 4
  • Total Area: 2059.58
  • Built in: 1974
  • Zoning: Commercial

Building Features:

  • Basement:
    None
  • Common Walls:
    Detached
  • Construction Materials:
    Steel
  • Cooling:
    Central air conditioning
  • Foundation Details:
    Poured concrete
  • Heating:
    Forced air , Electric baseboard units , Electricity
  • Lot Features:
    Highway
  • Parking Features:
    Asphalt , Unpaved
  • Roof:
    Elastomeric membrane
  • Security Features:
    Monitored fire alarm
  • Sewer:
    Municipality
  • Structure Type:
    Building
  • Utilities:
    Water Connected , Electricity Connected , Sewer Connected
  • Water Source:
    Municipality
  • Window Features:
    Aluminum

Revenue Units

  • Pieces: 0 Bedrooms: 0 Potential Monthly Revenue: $0.00
  • Pieces: 0 Bedrooms: 0 Potential Monthly Revenue: $0.00
  • Pieces: 0 Bedrooms: 0 Potential Monthly Revenue: $0.00
  • Pieces: 0 Bedrooms: 0 Potential Monthly Revenue: $0.00
Lifestyle
Neighbourhood Info
Réseau Longpré Lamirande

Réseau Longpré Lamirande

Phone:  819.868.5000

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Royal LePage Au Sommet, Real Estate Agency (Independently owned and operated)

250 Rue Principale Ouest
Magog,  QC J1X2A5

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