Discover a prime future development opportunity on the frontage of this 51.55-acre farm property, situated on the South side of Blenheim. Boasting approximately 680 feet of frontage along Chatham Street South, the A1 zoned property currently exhibits a Highway Commercial planning designation overlay, with strong potential for rezoning the front portion—to a depth of about 85 meters (278 feet)—for Highway Commercial use. This presents an ideal location for a custom-built retail or service plaza, capitalizing on high-visibility roadside exposure. The land is presently configured with approximately 42.5 acres of tillable soil more or less, currently planted with corn for the season (note: the current crop is excluded from the sale). Investors will appreciate the proven long-term value of farmland holdings near urban growth areas, offering stability and appreciation potential. Additionally, buyers may explore opportunities for aggregate extraction on-site, adding further versatility to this asset. This transaction will be structured as a share purchase of the holding corporation and offers to be submitted on the seller provided letter of intent. (id:62499)
| MLS® Number | 25023879 |
| Property Type | Agriculture |
| Farm Type | Cash Crop |
| Structure | None |
| Acreage | Yes |
| Size Irregular | 681 Ft Frontage / 51.55 Ac |
| Size Total Text | 681 Ft Frontage / 51.55 Ac|10+ Acres |
| Zoning Description | A1 |
https://www.realtor.ca/real-estate/28887568/247-chatham-street-south-blenheim
Contact us for more information
Carson Warrener
Sales Person
(519) 354-5470
www.royallepagechathamkent.com/
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