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Income properties for sale
94 - 98, Rue Principale Ouest, Magog
$699,000
+GST/QST
$699,000 +GST/QST
Income properties for sale
94 - 98, Rue Principale Ouest, Magog
Features
Use of property
Residential, Commercial
Year built
1875
Available commercial area
From 300 sqft to 1,600 sqft
Building area (at ground level)
3,941 sqft
Lot area
5,003 sqft
Number of units
Residential (3), Commercial (2)
Residential units
1 x 1 ½, 1 x 3 ½, 1 x 4 ½
Main unit
1 room, 1 bathroom
Potential gross revenue
$52,284
Description
Located in a strategic and highly sought after area along Lake Memphremagog, on Principale Street, this semi commercial building features two commercial storefronts at the front as well as three residential units: a spacious 4½, a 3½, and a studio. Set on a lot of approximately 5,000 sq. ft., the property is situated in a dynamic zone that allows for mixed use development (commercial and residential). Two of the residential units, the 3½ and the 4½, are currently vacant at the sellers' discretion.
Centris No. 25287044
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $197,600 |
| Building | $246,000 |
| Total | $443,600 |
| Taxes | |
|---|---|
| Municipal (2026) | $8,205 |
| School (2025) | $287 |
| Total | $8,492 |
| Expenses | |
|---|---|
| Insurance | $7,753 |
| Total | $7,753 |
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