Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 43,300 sq. ft. Mixed-Use Complex on 4.99 Acres of High-Visibility Commercial Land. This Exceptional Opportunity Features a Solid Income Base with 19 Residential Units (8 1-bedroom, 10 2-bedroom, 1 3-bedroom), 6 Commercial Storefronts, and 50+ On-Site Parking Spaces. With a Projected Net Annual Income of $200,000, this Income-Producing Property Offers Stability from Day One while Zoning Flexibility and Prime Frontage Open the Door to Significant Value-Add Potential. Ideal for Coffee Shops, Drive-Thrus, Car Washes, or Retail Developments. Backed by Heavy Power Capacity, Recent Upgrades, and Strong Development Potential, this Asset is Suited for Investors Seeking a Profitable, Versatile, and Expandable Commercial Holding. Permitted Uses Include: Automobile Sales & Service, Take-Out Restaurants, Furniture Stores, Hotels/Motels, Taverns, and Wholesale Establishments. Profitable & Flexible. Built to Grow. Financials Available to Qualified Buyers. Contact us Today to Explore the Full Potential of This Rare, High-Performing Asset. |
Price | $1,199,000 |
Taxes: | $39187.95 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 2024 Dufferin Aven , Chatham-Kent, N8A 4M4, Chatham-Kent |
Postal Code: | N8A 4M4 |
Province/State: | Chatham-Kent |
Legal Description: | PT LT 7 CON 2 CHATHAM GORE AS IN 659041; |
Directions/Cross Streets: | Dufferin Avenue & Running Creek Road |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Retail |
Building Percentage: | T |
Total Area: | 43300.00 |
Total Area Code: | Square Feet |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Partial |
Sewers: | Septic |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
FOREST HILL REAL ESTATE INC. |
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Type: | Com - Investment |
Area: | Chatham-Kent |
Municipality: | Chatham-Kent |
Neighbourhood: | Wallaceburg |
Tax: | $39,187.95 |
Fireplace: | N |