Prime commercial / multi-family redevelopment opportunity at the intersection of Highway 69N and Main Street in Val Caron. Assembly of 7 PINS (6 addresses) with a total of 2.6 acres including: 2987 Highway 69N (former Manoir Hotel), 1635 Main Street (Aggie's Restaurant), 1647 Main Street (Val Caron Equipment Rent-all), and three (3) residential homes to the south fronting on St. Jean Street. The commercial lots have a C2 - General Commercial zoning and the residential lots are R1-5, with the site having a "Mixed Use - Commercial" designation within the Official Plan.
Note: any redevelopment would be subject to municipal approvals. Seller has completed a new Phase II ESA (Environmental Report) which can be provided for Buyer review with signed Confidentiality Agreement. Existing annual Gross Rental Income of $210,600 with flexible lease terms.
Showing of Manoir Hotel building possible with minimum 24-hour notice, showing of any other properties with an accepted conditional offer only.