413 Rue Prince-Arthur
Otter Lake
Type
Commercial building/Office
MLS® 17999581
Property description
INVESTORS WELCOME! Exceptional opportunity to acquire a very profitable convenience store with an attached residence in Otter Lake. The business generates average annual sales of approximately $1.35M, supported by a loyal, established local clientele and strong margins. Loto-Québec licensed, offering deli counter services and wild game registration. Over 2,100 sq. ft. of combined commercial and residential space, featuring numerous upgrades, plus a new screened-in porch. The attached 2+1 bedroom home includes 1+1 bathrooms and a partially finished basement, ideal for owner occupancy or rental to further increase revenue. Well maintained site.
Details
Taxes and expenses
| School taxes | $144 |
| Municipal Taxes | $1,617 |
| Other | $413 |
Building and interior of the property
| Expected delay of occupancy | 30 days |
| Items included in the sale | All store equipment (except what does not belong), security system and generator. All appliances in house (stove, fridge, dishwasher (new) and washer & dryer. |
| Items excluded in the sale | Personal items, some coolers are loaned or rented to businesses, ATM machine (rented), propane cages (rented). The seller has ordered a new certificate of location. Should a title insurance be required before the signing of a deed of sale, it will be at t |
| Dimension of the front of the building | 16.86 M |
| Land area | 769 SM |
| Dimension of the front of the land | 35.05 M |
| Dimension of the depth of the land | 60.96 M |
| Municipal assessment (land) | $4,000 |
| Municipal assessment (building) | $242,200 |
| Municipal assessment (total) | $246,200 |
| Assessment year | 2025 |
| Year built code | Unknown |
| Irregular building | Yes |
| Area of the building | 2100 SF |
| Irregular land | Yes |
| Driveway | Asphalt |
| Landscaping | Fenced |
| Heating system | Air circulation, Space heating baseboards |
| Water supply | Municipality |
| Heating energy | Heating oil |
| Equipment available | Central air conditioning, Alarm system |
| Foundation | Concrete block |
| Kind of commerce | Convenience store |
| Siding | Aluminum, Vinyl |
| Basement | 6 feet and over, Partially finished |
| Parking | Outdoor |
| Sewage system | Purification field, Septic tank |
| Type of business/Industry | Retail |
| Roofing | Asphalt shingles |
| Zoning | Commercial, Residential |
Addendum
| + Several renovations from 2020-2025 |
| + Roof replaced +- 5 years |
| + Store floors replaced +- 5 years |
| + Many windows replaced in store & house +- 8 years |
| + New cash registers |
| + New walk-in cooler fans |
| + Central AC throughout |
| + Integrated generac system (2022) |
| + Security system + alarm system |
| + Brand new compressors in beer cooler + entrance door |
| ($5,000) |
| + Septic system replaced +- 12 years ago |
| + On municipal water |
| + Central AC |
| + Estimated 100k in stock inventory |
|