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$649,000 +GST/QST

RE/MAX Commercial

Commercial for sale - Sutton

$649,000 +GST/QST

$649,000 +GST/QST

Loading property...
Loading property...

$649,000 +GST/QST

RE/MAX Commercial

Commercial for sale - Sutton

$649,000 +GST/QST

$649,000 +GST/QST

Next Open House

7 - 9A Rue Principale N., Sutton, J0E 2K0

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!

  • Lot area: 3,396 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1870
RENÉ LANGLOIS
Residential and Commercial Real Estate Broker
Brokers tranquilit
DANIEL PELCHAT
Certified Real Estate Broker, AEO
Brokers tranquilit
ISABELLE ST-ARNAULT
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

1870

PVC

Poured concrete , Stone

Brick , Vinyl

Asphalt shingles , Sheet metal

6 feet and more

Addenda
Particularities plusParticularities minus

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.

Building details and property interior
Particularities plusParticularities minus

1870

PVC

Poured concrete , Stone

Brick , Vinyl

Asphalt shingles , Sheet metal

6 feet and more

Lot and exterior features
Particularities plusParticularities minus

50'5" X 63'9" Irregular

3,396.01 SF

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Not specified

Signage and restaurant equipment, as well as the furniture and personal belongings of the tenants.

Financial details
Particularities plusParticularities minus
Assessment (2024)
Taxes
  • (2024)
  • (2024)
Annual Expenses
7 - 9A Rue Principale N., Sutton, J0E 2K0
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 12.9%
  • 24.6%
  • 14.1%
  • 23.5%
  • 24.8%
  • 58.1%
  • 5.0%
  • 4.1%
  • 32.8%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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RENÉ LANGLOIS
Residential and Commercial Real Estate Broker
Brokers tranquilit
DANIEL PELCHAT
Certified Real Estate Broker, AEO
Brokers tranquilit
ISABELLE ST-ARNAULT
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2024)
Taxes
  • (2024)
  • (2024)
Annual Expenses
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