Revenue property - For sale - 137 - 140 12e Avenue, Drummondville

----DESCRIPTION----
Ideal for visionary investors, this commercial and residential building offers remarkable potential on a vast 25,000 sq. ft. lot with access from 2 streets. On the ground floor, a commercial space of over 7,000 sq. ft. will become available, offering a multitude of possible uses. Upstairs, 4 apartments complete the property, including a 7 ½ unit with a large terrace that will be available to the buyer. Nearly 50 parking spaces, renovations carried out over the years, and zoning allowing for multi-residential add to the exceptional value of this property. A great opportunity to maximize income and optimization!

----ADDITIONAL DETAILS----
-- 25,000 sq. ft. lot with access from 12th and 13th Avenue
-- Mixed-use commercial and residential building
-- Ground floor: commercial space of approx. 7,000 sq. ft. (to become available to the buyer/for lease)
-- 4 apartments: 2 x 3 ½, 1 x 5 ½, 1 x 7 ½ (the latter available to the buyer)
-- Possibility to create another unit (subject to municipal approval)
-- Approximately 50 parking spaces
-- Zoning allows for multi-residential (to be confirmed with the City)
-- Several maintenance works carried out over the years
-- Strategic location with strong visibility and proximity to services
-- Very interesting income potential
-- GST and QST will only be charged on 40% of the sale price (commercial portion according to the Sellers), while 60% residential is non-taxable
-- Upstairs units are heated with electric baseboards; the current commercial space is heated with natural gas and electricity

*Sold without legal warranty, at the buyer's risk and peril

*The buyer agrees to verify with the competent authorities for any project they wish to carry out on the property.