, Chatham, Ontario — Chatham, Ontario

$495,000
Postal:N7M1X1
Photos coming soon

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:63357)

Property Details

Status
Active

Location & Neighborhood

Explore what's nearby , Chatham, Ontario

Nearby Schools

(1)
  • Chatham Christian School

    School
    0.4 km

School information provided for reference. Visit official school board websites for details.

Parks & Recreation

(3)
  • Park

    Park
    0.5 km
  • Park

    Park
    0.5 km
  • Blythe Park

    Park
    0.9 km

Local Amenities

(1)
1 dining

dining

  • Country Style
    0.7 km
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$495,000