1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 1 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 2 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 3 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 4 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 5 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 6 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 7 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 8 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 9 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 10 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 11 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 12 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 13 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 14 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 15 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 16 1 Rue Principale, Coteau-du-Lac QC J0P 1B0 Photo 17

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Commercial 5-plex for Sale

1 Rue Principale -

Rental property having 5 commercial units providing potential gross income of $46,380/year. This 1916 building with old world charm has had an extension built in 2000 and has been renovated throughout the years, with invoices totaling $42,225 from 2011 to 2016. Situated on a main street, right in front of Park Wilson. Possibility for futur buyer to occupy suite 100. See addendum for details.

Zoning

- residential and commercial zoning
- use chart C411
- subject to SPAIP Site Planning and Architectural Integration Plan
- 2 buildings having 5 commercial spaces
- possibility reconverting the 2nd floor to residential

Chart C411 allowing the following uses:
C1 accessible retail trade and services
C2 local retail trade
C3 professional and specialized services
C4 accommodation and restoration
P1 community, park, playground and natural space
P3 infrastructures and equipments

Renovations

Renovations to main building built in 1916 (suites 101, 102, 200 and 201)
* 2012 conversion to commercial units
* 2012 new floor covering on ground floor units (partially)
* 2012 construction front porch extension
* 2012 new roof covering, fascia, soffites
* 2012 installation gutters
* 2013 installation wall unit air conditioner suite 101
* 2016 in the junction of 2 buildings, addition outside membrane and French drain
* 2017 woodpellet stove and fireplace removed

Renovations to secondary building built in 2000 (suite 100)
* 2013 repair by expert of foundation crack with epoxy injection
* 2016 new roof covering to back portion of roof
* 2016 in the junction of 2 buildings, addition outside membrane and French drain
* Addition in the electric panel of secondary surge protection

Inclusions:

Restaurant equipment (included in lease suite 102), shed 6 X 7 ft, shed 55 X 23 ft, outside panel for 6 signs.

List of restaurant equipments included: Commercial electric stove with 6 plates and oven, commercial range hood 2010 MAPAQ approved (with buzzards fire protection), commercial refrigerator 2 doors, vertical freezer 1 door, freezer,  commercial kitchen sink with 2 bowls and grease trap, Hobart mixer, 2 stainless steel work tables, 2 shelve units with 5 stainless steel shelves.

Exclusions:

---

Varia:

Other expenses totaling $1,961: Insurance $1,601, snow removal $260, lawn $100

Commercial space :

100 32X26 & 32X26 basement, carpet, basement height 87'', 3 bathrooms
101 13X13 frontage, floating floors
102 13X11 frontage, floating floors & 16X31 kitchen in back
200 13X29 2nd floor, wood floors
201 10X29 2nd floor, wood floors

 

Property Details

  • ID: 17232287
  • Year Built: 1916
  • New Construction: No
  • Lot Area: 11,485.00 Square Feet
  • Property ID: 101293462
  • Status: Active
  • Building Size: 65X30 pi
  • Lot Size: 119X98 pi
  • Style: Quintuplex
  • Storeys: 2
  • Living Area: 2,986 Square Feet

Features

Basement Seperate entrance, Other - Basement Finished 2000, Unfinished 1916, 6 feet and over
Distinctive features Other - On Main Commercial Street
Equipment available Wall-mounted air conditioning, Sign, Other - Commercial Grade Kitchen #102, Storage Int & Ext
Foundation Poured concrete
Heating energy Electricity
Heating system Electric baseboard units
Landscaping Landscape, Land / Yard lined with hedges, Fenced yard
Proximity Other - Kindergarden, Bicycle Path, National Historic Site, Highway, Golf, Elementary school
Roofing Asphalt shingles
Sewage system Municipal sewer
Siding Vinyl, Aluminum
Topography Flat
View Other - On Wilson Park
Water supply Municipality
Zoning Residential, Commercial

Financial Considerations

Municipal Assessment
  • Year: 2018
  • Lot: $122,900
  • Building: $183,300
  • Total: $306,200
Taxes (annual)
  • Municipal: $7,404
  • School: $501 (2018)
  • Total: $7,906
Expenses (annual)
  • Electricity: $5,550
  • Other Expenses:: $1,961
  • Total: $7,511
Listed By Janet Di Lalla and Michel Bergeron of CENTURY 21 Immo-Plus