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$ 495,000
Est. payment /mo
New
561 PARK AVENUE Chatham, ON N7M1X1
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 25032004
Property Sub-Type Freehold
Source Windsor-Essex County Association of REALTORS®
Property Description
Attention Investors & Owner-Operators — Don't Miss This Exceptional Opportunity! This solid two-storey mixed-use building offers the perfect blend of business ownership and investment income. Featuring approximately 2,400 sq. ft. of vacant commercial space on the main floor, this property is ideal for an owner-operator or a wide range of commercial uses, supported by favourable zoning. The upper level includes two separate two-bedroom residential units — one currently tenanted at $1,200/month, while the second unit is vacant and market-ready with an estimated rent of $1,500/month, offering immediate upside. Situated on an extra-large lot approximately 200 feet deep, the property provides ample on-site parking and exceptional future development or expansion potential, this is a rare, flexible asset well-suited for investors looking to maximize returns or owner-operators seeking to offset operating costs with rental income. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by JUMP REALTY INC.
