ON
Chatham
N7M1X1
561 PARK Avenue
561 PARK Avenue, Chatham, ON N7M1X1
Share Listing
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.
    Canadian Real Estate Association logoThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
    Transportation
    Check the walk, transit, and bike score for
    Neighborhood Market Statistics
    See average values in the proximity of this property
    Median Listing Price
    Median Days on Site
    Median Square Feet
    Market statistics compiled from data from Canadian Real Estate Association.
    EXIT REALTY COMMUNITY, BROKERAGE
    1323 Michigan Ave, Sarnia, ON N7S 4M6
    Ken Patterson
    License #: 4764511
    Associate Broker
    Office
    519 542 1000
    Agent
    226 270 1234
    Request more details
    Code: