ON
Chatham
N7M1X1
561 PARK Avenue
561 PARK Avenue, Chatham, ON N7M1X1
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Listing Type
Commercial/Industrial
Listing Status
Active
4
$495,000

Home Details for 561 PARK Avenue

Price
$495,000
Type
Commercial Sale
Days on site
1
Listing #
25032004
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:31684)

Property Features
    Listing Courtesy: JUMP REALTY INC.
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    EXIT INTEGRITY REALTY, BROKERAGE
    240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
    Kate Hoekstra
    License #: 5012081
    Franchisee
    Office
    647 618 3158
    Agent
    647 618 3158
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