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140 Rue Principale 5,056 SF Retail Building Lachute, QC J8H 3A6 $525,000 CAD ($103.84 CAD/SF)
Investment Highlights
- Long-established, highly successful grocery operation
- supported by loyal local clientele and tourism from Parc du Massif du Sud and the nearby ski resort
- Includes a large, fully equipped upper-level residential unit with four bedrooms
- Full-service offering including meat, deli, prepared foods, fresh produce, bakery, grocery, lottery services, microbrewery beer, wine, and SAQ deposit
Executive Summary
Nestled in the picturesque rural community of St-Magloire-de-Bellechasse, Axep Market (1990) Inc. represents a rare opportunity to acquire a thriving essential-service business with a loyal customer base and strong operational pedigree. Ideally positioned near Parc du Massif du Sud and the region’s popular ski resort, the property benefits from steady year-round traffic driven by both local residents and outdoor tourism. The market serves as the village’s only grocery store, establishing it as an indispensable commercial anchor within the community.
Under the same ownership since 2007, the store is exceptionally well maintained and has consistently demonstrated operational excellence. It boasts top-tier results in MAPAQ inspections and Steritech audits and was awarded First Prize for Excellence in Quebec among independent markets affiliated with Loblaw. The business offers a full-service grocery experience, including a robust meat and deli program, prepared foods, fresh produce, bakery items, lottery services, microbrewery beer, wine, and an SAQ deposit outlet. Its affiliation with the Loblaw (Provigo) network remains in place until January 2027, providing continued brand support and supply-chain stability.
The property includes a generously sized land parcel and a well-kept commercial building with an attached garage. The ground floor houses the thriving retail operation, while the second floor features a spacious, fully equipped residential unit with four bedrooms and no lease encumbrances—ideal for an owner-operator or added rental income. Combined with excellent visibility, proximity to major regional hubs (approximately one hour from St-Georges, Lévis, and Montmagny), and the owners’ willingness to stay on temporarily to support a smooth transition, this offering stands out as a turnkey, community-integrated investment with long-term stability.
Under the same ownership since 2007, the store is exceptionally well maintained and has consistently demonstrated operational excellence. It boasts top-tier results in MAPAQ inspections and Steritech audits and was awarded First Prize for Excellence in Quebec among independent markets affiliated with Loblaw. The business offers a full-service grocery experience, including a robust meat and deli program, prepared foods, fresh produce, bakery items, lottery services, microbrewery beer, wine, and an SAQ deposit outlet. Its affiliation with the Loblaw (Provigo) network remains in place until January 2027, providing continued brand support and supply-chain stability.
The property includes a generously sized land parcel and a well-kept commercial building with an attached garage. The ground floor houses the thriving retail operation, while the second floor features a spacious, fully equipped residential unit with four bedrooms and no lease encumbrances—ideal for an owner-operator or added rental income. Combined with excellent visibility, proximity to major regional hubs (approximately one hour from St-Georges, Lévis, and Montmagny), and the owners’ willingness to stay on temporarily to support a smooth transition, this offering stands out as a turnkey, community-integrated investment with long-term stability.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,056 SF
Building Class
C
Year Built
1990
Price
$525,000 CAD
Price Per SF
$103.84 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.25 AC
Frontage
137’ on Rue Corbeil
Nearby Major Retailers
1 of 2
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140 Rue Principale
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