2987 Highway 69 North Val Caron (Town of Valley East and Capreol, Ontario, CA - P3N 1E1) Built

$4,150,000

Coldwell Banker Charles Marsh Real Estate

Douglas Marsh Douglas Marsh 705-566-6111 (Office) 1-800-341-7473 (Office) 705-688-2313 (Cell) 705-566-9438 (Fax) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Development Level: Built
  • MLS ® #: 2092230

Description

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.

Attachments

Brokered and Advertised by : Mallette-Goring Inc., Brokerage
P2#435011593
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Information is deemed to be correct but not guaranteed.

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