Mallette Goring

Commercial Listing
Featured For Sale
2 months ago
137
MLS#
2092230
TAX / CAM
$66,291.48 (2020 estimate)
Zoning
C2 & R1-5

Listing Brokerage
Mallette-Goring Inc.
Status
Active
Commercial Property Type(s)
Commercial Investment, Multi-Unit Residential, Retail Space, Vacant Land
Rental Income - 2021

2987 Highway 69N - Details on Properties

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.

Location
2987 Old Hwy 69 Val Caron
LOCATION INFO:
Geographic Area
Valley East
Lot Size
Approx 2.6 acres
Property Known As
Manoir Hotel
Video Tour

Building Specs
Elevator Access
Wheelchair Accessible
Security System
Furnished
Municipal Water
Yes
Municipal Sewer
Yes
Building Age
Electrical Service
Heating Type
Foundation Type
Roof Type

Loading Info
Overhead Crane Type
Loading Door Type
Door Height
Ceiling Height


Financial Projections
Proj. Gross Income
$210,600.00
Proj. Expenses
TBD
Proj. Net Income
TBD
Chris Tammi

Broker of Record

Mallete-Goring Inc.

705******* 705.822.6123