Rapan Brar

Real Estate

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561 Park Avenue Chatham, Ontario N7M 1X1

$495,000

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:62499)

Property Details

MLS® Number 25032004
Property Type Industrial

Building

Land

Acreage No
Size Irregular 53.19 X 201.29 Ft
Size Total Text 53.19 X 201.29 Ft
Zoning Description Comm

https://www.realtor.ca/real-estate/29202656/561-park-avenue-chatham

Contact Us

Contact us for more information

Emad Alasi
Sales Person

(506) 962-2013

Jump Realty Inc.
Suite 300 - 3390 Walker Rd
Windsor, Ontario N8W 3S1

(519) 997-2320
(226) 221-9483

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