2024 Dufferin Avenue, Chatham-Kent, ON N8A 4M4

Chatham-Kent N8A 4M4 Ontario

MLS: X12146408

$1,199,000

Added 14 days ago | For Sale

Listed by: FOREST HILL REAL ESTATE INC.

About Property

Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 43,300 sq. ft. Mixed-Use Complex on 4.99 Acres of High-Visibility Commercial Land. This Exceptional Opportunity Features a Solid Income Base with 19 Residential Units (8 1-bedroom, 10 2-bedroom, 1 3-bedroom), 6 Commercial Storefronts, and 50+ On-Site Parking Spaces. With a Projected Net Annual Income of $200,000, this Income-Producing Property Offers Stability from Day One while Zoning Flexibility and Prime Frontage Open the Door to Significant Value-Add Potential. Ideal for Coffee Shops, Drive-Thrus, Car Washes, or Retail Developments. Backed by Heavy Power Capacity, Recent Upgrades, and Strong Development Potential, this Asset is Suited for Investors Seeking a Profitable, Versatile, and Expandable Commercial Holding. Permitted Uses Include: Automobile Sales & Service, Take-Out Restaurants, Furniture Stores, Hotels/Motels, Taverns, and Wholesale Establishments. Profitable & Flexible. Built to Grow. Financials Available to Qualified Buyers.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 449.67 X 477.43
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Dufferin Avenue & Running Creek Road
  • Basement: ,
  • Possession Date:T.B.D.
  • Annual Property taxes: $39187.95
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12146408

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