Chatham, ON N7M1X1,561 PARK AVENUE
Chatham, ON N7M1X1,561 PARK AVENUE
Chatham, ON N7M1X1,561 PARK AVENUE
Chatham, ON N7M1X1,561 PARK AVENUE
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Jeff Godreau

Jeff Godreau

+1(519) 365-4852
$ 495,000
Est. payment | /mo
Save
$ 495,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 25032004

Property Sub-Type Freehold

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

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Listed by JUMP REALTY INC.

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Jeff Godreau

Thank you for stopping in! We are looking forward to helping your real estate dreams come true!

+1(519) 365-4852

jeffgodreau@royallepage.ca

425 McNaughton Ave West, Chatham, CAN

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561 PARK AVENUE