Av De Ramezay 10-20, Baie-Comeau, Québec G4Z

Unique opportunity for investors and developers in Baie-Comeau! Formerly the John Paul II School, this imposing building is erected on a vast lot offering excellent redevelopment potential. The property could allow for the development of several units in the existing building, in addition to a significant potential for residential development on the land. The municipal infrastructure serving the area could also meet the needs of a large-scale real estate project of approximately 250 units, subject to the required validations from the City. A property with multiple possibilities! Property with significant redevelopment potential in the heart of Baie-Comeau. Formerly occupied by Jean-Paul II School, the existing building is erected on a large lot allowing for different real estate development possibilities. Depending on the information available and the development scenarios considered for the site, the existing building could lend itself to a residential conversion allowing the development of several dwellings. The surface area of the land also offers interesting potential for the addition of new residential constructions. A particularly interesting element for a developer is the potential capacity of the municipal infrastructure serving the area. According to the information obtained, the municipal network could be able to accommodate a development of up to approximately 250 additional housing units, which opens the door to a large-scale real estate project. However, the purchaser will have to carry out its own verifications with the City of Baie-Comeau and the competent authorities regarding zoning, the number of units that may be authorized, the actual capacity of the water and sewer systems, construction standards, access and any other requirements applicable to its project. An opportunity to consider for a developer wishing to carry out a major residential project and exploit the full potential of this site. Notice to the buyer wishing to visit this property: The seller's broker informs the buyer that he or she is only representing the seller and therefore only defends the interests of the seller. He or she does not represent or defend the interests of the buyer. It is recommended that the buyer be represented* by the broker of his or her choice. If the buyer still chooses not to be represented, the seller's broker informs him or her that he or she will be treated fairly**. *The buyer is officially and legally represented by the broker of his or her choice only when he or she is bound to the broker by a brokerage purchase contract. **Fair treatment: This means acting in a transparent manner and objectively communicating information on all the facts relevant to the transaction as well as on the rights and obligations of all parties to the transaction, whether they are represented by a broker or not. NB: Consult the OACIQ website for more details. INCLUSIONS Everything that can be found in the building at the deed of sale EXCLUSIONS Vehicles and boats in storage