For Sale

$699,500

+GST/QST

1110 - 1114 Rue King O. , Sherbrooke (Les Nations), QC J1H1S2

Rue Victoria

Detached

Remarks

With a superb location overlooking Lac des Nations and Mont-Bellevue, this fully leased commercial building (restaurant and office space), built in 1988 and constructed entirely of brick, features a garden-level basement with an integrated garage. Since the acquisition, over $300,000 has been invested in the building to bring it up to date. The office spaces on the second floor have been freshly renovated, while the restaurant has undergone significant renovations, including the addition of a terrace overlooking Lac des Nations. If you're looking for an investment opportunity, be among the first to act. Geotechnical report on file.

* A new certificate of location will be provided by the seller.

* The lease for the office space on the second floor expires in September 2027, pending a notice of renewal; the lease for the restaurant (ground floor and basement/garden level) expires in autumn 2028. Both leases include renewal options.

Property Summary

  • Neighbourhood: Jacques-Cartier
  • Building Style: Detached
  • Lot Assessment: $199,300.00
  • Building Assessment: $371,200.00
  • Total Assessment: $570,500.00
  • Assessment Year: 2026
  • Municipal Tax: $11,185.00
  • School Tax: $364.00
  • Annual Tax Amount: $11,549.00 (2026)
  • Lot Frontage: 15.25 Metre
  • Lot Depth: 32.6 Metre
  • Lot Size: 498.3 Square Metres
  • Building Width: 10.6 Metre
  • Building Depth: 13.79 Metre
  • Number of Units: 2
  • No. of Parking Spaces: 8
  • Parking: Yes
  • Total Area: 123.3
  • Built in: 1988
  • Zoning: Commercial

Building Features:

  • Basement:
    6 feet and more , Outdoor entrance , Finished basement
  • Business Operation Type:
    Service
  • Business Type:
    Restaurant
  • Common Walls:
    Detached
  • Construction Materials:
    Brick
  • Cooling:
    Central air conditioning , Central heat pump
  • Foundation Details:
    Poured concrete
  • Heating:
    Forced air , Electric baseboard units , Electricity
  • Lot Features:
    Other , Public transportation , Wooded
  • Parking Features:
    Asphalt , Attached , Attached , Single width
  • Roof:
    Elastomeric membrane
  • Sewer:
    Municipality
  • Structure Type:
    Building
  • Utilities:
    Water Connected , Electricity Connected , Sewer Connected
  • Water Source:
    Municipality
  • Window Features:
    Aluminum

Expenses (annual)

  • Electricity
    $6,535.00
  • Insurance
    $5,200.00

Revenue Units

  • 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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