


ESPALY-SAINT-MARCEL – HAUTE-LOIRE – FRANCE HISTORIC BUILDING OF APPROXIMATELY 1,700 M² – LAND OF APPROXIMATELY 12,000 M² – STRONG INVESTMENT POTENTIAL An atypical real estate complex, steeped in history, offering numerous conversion and development opportunities. In the immediate vicinity of Le Puy-en-Velay, in the heart of Haute-Loire, discover this real estate complex built in 1930 offering approximately 1,500 m² of usable space, situated on vast land of approximately 12,000 m². Originally, the building was designed as a gaming casino, which gives it particularly distinctive architecture and volumes. Today, this complex represents a rare opportunity for an investor or project developer wishing to develop a hotel, professional, events, residential, or mixed-use concept. LAND WITH STRONG POTENTIAL The property benefits from approximately 12,000 m² of land, with a positive urban planning certificate, allowing for consideration of various construction and development projects, subject to feasibility and necessary urban planning authorizations. This land area represents a genuine asset for imagining a comprehensive project around the existing building. EXISTING RENTAL INCOME The ground floor is currently leased to an association, generating income of €1,000 per month. The two levels currently fitted out for nightclub operations are currently inactive. They had been operated with a rental rate of €4,000 per month and have the necessary fittings and equipment for this activity, allowing for consideration of resuming operations, subject to necessary regulatory checks and authorizations. The property thus presents both existing rental income and potential for additional revenue. ONE COMPLETE FLOOR TO RENOVATE One complete floor of the building is currently entirely to be renovated. This configuration offers great freedom of design to create, depending on the project chosen: * offices or professional spaces; * residential units; * hotel suites or rooms; * event spaces; * a tourism concept; * a mixed-use project; * or any other program compatible with applicable regulations. The building also has a complete basement, offering significant storage and complementary use possibilities. A ROOFTOP TERRACE WITH PANORAMIC VIEW One of the remarkable features of the property is its rooftop terrace, enhanced by a magnificent dome. From this space, the property enjoys a remarkable view over Le Puy-en-Velay and the surrounding landscape. This space could become a true signature element in the context of future rehabilitation: event space, terrace, restaurant, private lounge, or space dedicated to tourism clientele, depending on the project and necessary authorizations. PARKING The property also benefits from numerous parking possibilities, a particularly valuable asset for hotel, professional, events, or public-facing activities. A REAL ESTATE PROJECT TO IMAGINE Thanks to its volumes, history, land, and location, this complex offers numerous possibilities: • Hotel or hotel complex • Tourist residence • Offices and business center • Residential project • Events center • Food and beverage or leisure activity • Professional or mixed-use project • Real estate development on available land The property's configuration allows for consideration of a multi-level project, combining preservation of the existing building, rehabilitation, and land development. A STRATEGIC LOCATION IN HAUTE-LOIRE Located in Espaly-Saint-Marcel, near Le Puy-en-Velay, the property benefits from the appeal of a recognized tourist and heritage territory. Le Puy-en-Velay is notably a major point of interest in the Auvergne-Rhône-Alpes region, offering an environment conducive to the development of tourism, professional, and real estate projects. KEY INFORMATION • Construction: 1930 • Usable space: approximately 1,500 m² • Land: approximately 12,000 m² • Urban planning certificate: positive • Ground floor: leased at €1,000/month • Former nightclub: rental potential of approximately €4,000/month • One complete floor to renovate • Complete basement • Rooftop terrace with dome and panoramic view • Numerous parking spaces • Collective sewerage system AN OPPORTUNITY FOR INVESTOR OR PROJECT DEVELOPER This property is suited to an investor, developer, hotel operator, real estate professional, or entrepreneur seeking an atypical real estate asset with significant transformation potential. A historic building. Vast land. Existing rental income. Substantial volumes. An exceptional view. And above all, a project to imagine. 📞 Complete file and additional information available upon request. Viewings by appointment.
Ref: 2128649
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