1635 Galt Ouest, Mont-Bellevue

Asking Price

$2,499,000 + GST/PST

Building area

6,701 SQ. Ft.

Land size

13,821 SQ. Ft.

Price per SQ. Ft.

$372.93

Property Description

A high-end office building spanning over 6,700 sq. ft., fully modernized and fitted out to the highest standards. Soundproof offices, conference rooms, secure access via code, smart home technology, and ample parking. A turnkey professional environment offering exceptional finishes and great flexibility in use.

Building type

Detached

Building Category

Class B - Office

Year built

1978

Highlights

11 private offices with natural light

Soundproof offices

2 conference and training rooms

Large multipurpose room with lounge area

Integrated smart home technology

Secure access via code and intercom

Stretch ceilings, motorized curtains, and contemporary design

Professional furniture available upon agreement

17 parking spaces

Strategic location between downtown and the University of Sherbrooke

Other information

Established commercial tenants

Revenue growth potential

High-end finishes

Property offering strong value-creation potential

Distinctive positioning in the Sherbrooke market

Current occupancy: 2 leases in place, 1 owner-occupied space, and 1 available space

Sale without legal warranty, at the buyer’s own risk and peril

Location
Building description

General Information

Cadastral number1 063 215
Land size13 821 SQ. Ft.

Total Municipal Assessment

Total Municipal Assessment$783 300
Municipal Land Assessment$282 600
Municipal Building Assessment$500 700

Construction

Clearance Height10 ft to 16 ft
Number of StoreysOne floor (ground floor) + basement.
Type of BuildingDetached
Type of ConstructionWood and Steel Frame
Year of Construction1978
Building Dimensions47.11 ft × 59.11 ft (irregular)

Electromechanical System

LightingRecessed lights
Fire SystemSmoke Alarms
Security SystemAlarm System | Security Cameras
Existing FacilitiesProfessional offices, conference rooms, and training spaces

Parking

Number of Parking Spaces17 parking spaces

Area

Gross Area6 701 sq.ft.
Leasable Surface Area6 701 sq.ft.
Average Surface Area / UnitN/A

Building type

Building offering great flexibility in use. Leases are structured based on each tenant’s specific needs rather than the size of the leased premises, with access to shared spaces.

Features

PlumbingABS, Copper, and Flexible Hoses
Condition of RoofElastomer Membrane | 2008
Service ContractYes
Heating SystemRoof-mounted HVAC unit with heat pump
Hot Water SystemElectric | 2 water heaters (2022)
Electrical PanelsCircuit Breaker Panels | 600 A (3 × 200 A) | 600 V
Exterior SidingBrick | Stucco
Environmental ReportUpdate to be done
Condition of Doors/WindowsAluminum | Code-Secured Access System
Income & Expenses

Revenue

yearly
Commercial $203,400
Lockers
Parking
Other revenues
Total revenues $203,400
Expenses recovery yearly
General Recovery $5,076
Total expenses recovery $5,076
Total Gross Income $208,476
Vac. / Bad debt $6,102
EGR $202,222

Expenses

Calc. yearly
Administration Estimated $1,005
Management Fees Estimated $2,051
Municipal Taxes Current $15,240
School Taxes Current $569
Insurance Current $4,153
Electricity Current $13,437
Heating
Snow Removal Estimated
Elevator
Lawn Current
Structural reserve Estimated $1,367
Janitor
Maintenance Estimated $2,734
WiFi
Heat pump
Water Tax Current $22
Total expenses $40,579
Rent roll

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Karine Thérien
Karine Thérien
Team Jessika Lahaie
|
Real Estate Broker
438-220-7700 karine.therien@pmml.ca
Property Photos
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