40-42 Rue Wellington N
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40-42 Rue Wellington N
20,700 SF 100% Leased Retail Building Sherbrooke, QC J1H 5B7 $604,408 USD ($29 USD/SF)
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Executive Summary
Exceptional opportunity! Commercial property with 3 rented spaces. Located in the heart of downtown and
Currently occupied by three commercial tenants, this building offers attractive annual income for a
investor. Don't miss your chance!
The size of the rental space will be confirmed on site. Available data indicate areas
approximations as follows:
- Ground floor of 6900 square feet
- 2400 square foot mezzanine
- 2350 square foot first floor
- 6900 square foot basement
Possibility of owner occupant, see listing broker for this purpose.
Environmental phases 1 and 2 dating from 2015 on file available under accepted promise to purchase.
The energy expenses of the main premises are borne by the tenant.
The other two small premises are rented all inclusive. The Electricity Costs That Are Borne by the Owner for These Two
premises from January 9, 2023 to January 10, 2023 to January 10, 2024 represent $3387.13.
Natural gas fees (Énergir) for the period from March 11, 2023 to March 11, 2024, which are borne by the owner
Represents approximately $800. The balance is paid by the main tenant.
This sale is made without legal warranty of quality, at the risk and peril of the buyer
Currently occupied by three commercial tenants, this building offers attractive annual income for a
investor. Don't miss your chance!
The size of the rental space will be confirmed on site. Available data indicate areas
approximations as follows:
- Ground floor of 6900 square feet
- 2400 square foot mezzanine
- 2350 square foot first floor
- 6900 square foot basement
Possibility of owner occupant, see listing broker for this purpose.
Environmental phases 1 and 2 dating from 2015 on file available under accepted promise to purchase.
The energy expenses of the main premises are borne by the tenant.
The other two small premises are rented all inclusive. The Electricity Costs That Are Borne by the Owner for These Two
premises from January 9, 2023 to January 10, 2023 to January 10, 2024 represent $3387.13.
Natural gas fees (Énergir) for the period from March 11, 2023 to March 11, 2024, which are borne by the owner
Represents approximately $800. The balance is paid by the main tenant.
This sale is made without legal warranty of quality, at the risk and peril of the buyer
Financial Summary (Actual - 2024) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,700 SF
Building Class
C
Year Built
1934
Price
$604,408 USD
Price Per SF
$29 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.80
Land Acres
0.17 AC
Frontage
44 FT on Wellington Nord
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
-
Jean-Francois Bérubé -
Dominique Massicotte -
Royal LePage Evolution EB
(819) 820-8363
x200
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40-42 Rue Wellington N
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