Property Information:

Unique investor/developer opportunity in the heart of downtown Sherbrooke! Vacant lot and 15-unit building offering exciting development potential. Zoning permits construction of a 6-storey building.

- The vacant lot and the apartment building are to be sold together.
- The sale of vacant lot 1 030 374 is subject to GST and QST.
- The building is located in a zone subject to PIIA (class 3 heritage area).
- There is a buried Bell line on the lot line of both cadastres, and there is no servitude declared to this effect.
- Municipal taxes for the adjacent lot amount to $2498.54 for the year 2024.
- School taxes for the adjacent property amount to $87.95 for 2024-2025.
- Additional income is generated by parking space rental agreements on the vacant lot. Income is approximately $6,000 per year.
- See Centris listing # 10830378

Inclusions: According to leases.

Exclusions : According to leases and the seller's goods and chattels