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$975,000 +GST/QST

RE/MAX Commercial

Commercial for sale - Sherbrooke (Fleurimont)

$975,000 +GST/QST

$975,000 +GST/QST

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Loading property...

$975,000 +GST/QST

RE/MAX Commercial

Commercial for sale - Sherbrooke (Fleurimont)

$975,000 +GST/QST

$975,000 +GST/QST

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289 - 293 Rue Alexandre, Sherbrooke (Fleurimont), J1H 4S8

Strategically located income property in the heart of downtown Sherbrooke, in an area undergoing revitalization. Completely restored in 2013, it offers strong commercial and residential potential with gross annual income of up to $85,000. The building includes a commercial space of approximately 1,600 sq. ft. on the ground floor, three urban loft-style apartments upstairs, and two storage spaces in the basement. Air conditioning in all rooms, integrated garage (3 parking spaces), close to services, Lac des Nations, CEGEP, and a bike path. An investment opportunity not to be missed!

  • Lot area: 3,144 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1900
STEPHAN CASSELMAN
Residential Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

49'10" X 45' Irregular

1900

5,250 SF

Addenda
Particularities plusParticularities minus

Income property located in downtown Sherbrooke, in an area undergoing economic and urban revitalization

- Strategic location offering excellent commercial visibility
- Building completely renovated in 2013, representing a turnkey investment

Current rental situation:
- No units are currently rented, offering complete revenue optimization from the first year
- Total freedom for the buyer to establish their rental strategy (furnished, unfurnished, owner-occupied, commercial)

Projected income:
- 3 urban loft-style apartments: $1,295/month per apartment
- 1 commercial space on the ground floor: $2,500/month
- Potential gross annual income: approximately $85 200, with the possibility of further optimization

Building layout:
- Commercial space of approximately 1,600 sq. ft. on the ground floor, ideal for offices, retail, or professional services
- Three urban loft-style residential units, highly sought after in the rental market
- Two basement units offering additional income potential (storage or shed)

Features and amenities:
- All units are equipped with air conditioning
- Two units can be rented fully furnished, including indoor parking
- Integrated garage offering 3 indoor parking spaces

Commercial and business potential:
- Possibility of occupying the commercial space for your own project or High rental potential
- Zoning allows for various commercial uses (to be confirmed by the buyer)
- Excellent balance between stable residential income and commercial yield
- Ideal opportunity for investors looking to maximize value upon acquisition
- Close proximity to shops, services, institutions, Lac des Nations, CEGEP de Sherbrooke, and a bike path

Building details and property interior
Particularities plusParticularities minus

49'10" X 45' Irregular

1900

5,250 SF

Lot and exterior features
Particularities plusParticularities minus

49'10" X 58' Irregular

3,144 SF

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

All the furnitures in the residential units, heat pumps

Not specified

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2025)
  • (2025)
Energy
289 - 293 Rue Alexandre, Sherbrooke (Fleurimont), J1H 4S8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 20.5%
  • 25.0%
  • 13.9%
  • 14.8%
  • 25.8%
  • 0.5%
  • 2.0%
  • 3.6%
  • 87.5%
  • 6.3%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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STEPHAN CASSELMAN
Residential Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2025)
  • (2025)
Energy
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