2024 Dufferin Avenue Chatham-Kent, Ontario N8A 4M4
$1,199,000
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. Contact us Today to Explore the Full Potential of This Rare, High-Performing Asset. (id:61445)
Property Details
| MLS® Number | X12146408 |
| Property Type | Retail |
| Community Name | Wallaceburg |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 43300 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Septic System |
| SizeDepth | 477 Ft ,5 In |
| SizeFrontage | 449 Ft ,8 In |
| SizeIrregular | 449.67 X 477.43 Ft ; As Per Mpac |
| SizeTotalText | 449.67 X 477.43 Ft ; As Per Mpac |
| ZoningDescription | Rhc-184 (rural Highway Commercial) |
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Contact us for more information
Scott Stren
Broker
151 York St Unit 332
London, Ontario N6A 1A8
Clayton James Steinberg
Salesperson
505 Hwy 7 Suite 201
Thornhill, Ontario L3T 7T1
The 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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 14 2025 07:04:26
Forest Hill Real Estate Inc., Homelife/bayview Realty Inc.