Fantastic Business Opportunity in SUTTON! This commercial and residential building is strategically located right in the heart of downtown, generating excellent income. The commercial space houses a popular establishment, along with two completely renovated apartments on the upper floor. Don't hesitate any longer to invest!
1870
PVC
Poured concrete , Stone
Brick , Vinyl
Asphalt shingles , Sheet metal
6 feet and more
Sutton, located in the Brome-Missisquoi Regional County Municipality and in the administrative region of Estrie, is part of the larger tourist region of the Eastern Townships. With an area of 243.5 km2, placing it at the forefront of its RCM municipalities, Sutton encompasses, under the same jurisdiction, the Nord Sutton sector, Sutton Junction, the Mont Écho sector, Sutton West, the urban area of Sutton, the Mont Sutton sector, and the hamlet of Glen Sutton, near the United States border. The nearby Sutton Mountains consist of Sommet Rond (950m), Mount Gagnon (850m), and Mount Écho (750m). These three mountains represent a significant economic asset for the city and the region, as many skiers flock to the ski resort each year. The village itself is located on Route 139, where Route 215 intersects it. A considerable portion of the Sutton Mountains is protected by the Montagnes-Vertes Nature Reserve. The Sutton River also begins its course in the municipality, east of the Sutton Mountains.
Annual income of $49,800.00 ($2500-$800-$850).
Photos of the rooms available upon request.
Electricity at the tenants' expense.
Business tax and water billed to unit 9 (commercial).
Rent for taxable unit 9 billed monthy.
Approximate insurance of $8,500/year.
Approximate area of the commercial space.
Renovations since purchase (approximate dates):
Unit 11 completely renovated (2017)
Electrical and plumbing of unit 5 (2023)
Kitchen and bathroom of unit 5 (2023)
Galleries of both units (2019)
Restaurant toilet room (2018)
Back store restaurant floors (2018)
Restaurant ceilings and soundproofing (2020)
Restaurant dishwashing area (plumbing and wall) (2019)
Repair of masonry on a small part of the foundation (2020)
Hot water tanks (4) replaced between 2021-2023
Note that photos 18 to 21 are provided by the seller from the previous rental.
Note that current leases indicate fixed and indefinite terms; the seller is to rectify the situation (to be verified before any promise of purchase).
Visits upon accepted promise to purchase.
This sale is made without legal warranty of quality from the seller, the buyer not waiving the legal warranties given by previous owners and received by the seller during the acquisition of the property, which are hereby assigned to the buyer.
1870
PVC
Poured concrete , Stone
Brick , Vinyl
Asphalt shingles , Sheet metal
6 feet and more
50'5" X 63'9" Irregular
3,396.01 SF
Commercial , Residential
Electric baseboard units
Electricity
Municipality
Municipality
Not specified
Signage and restaurant equipment, as well as the furniture and personal belongings of the tenants.
My name is RENÉ LANGLOIS, RE/MAX real estate broker. How may I help you?
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RE/MAX D'ABORD | 848 rue Principale Ouest, Magog, Québec, J1X 2B6
RE/MAX D'ABORD | 848 rue Principale Ouest, Magog, Québec, J1X 2B6
RE/MAX D'ABORD | 848 rue Principale Ouest, Magog, Québec, J1X 2B6
Hello, my name is RENÉ LANGLOIS, real estate broker. Contact me for more information.
Hello, my name is DANIEL PELCHAT, real estate broker. Contact me for more information.
Hello, my name is ISABELLE ST-ARNAULT, real estate broker. Contact me for more information.
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