561 Park Avenue, Chatham, Ontario N7M 1X1

Listed for:
$495,000
0 beds
0 baths
Listed 16 days ago
561 Park Avenue, Chatham, Ontario N7M 1X1

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Learn more about this property
Listing provided by:
JUMP REALTY INC.
MLS® number:
25032004
Agent:
Emad Alasi
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About

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:27476)

Property Highlights

MLS® Number
25032004
Type
Industrial
Ownership Type
Freehold
Land Size
53.19 X 201.29 FT

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location