Prime Investment Opportunity on the Busy Hwy 6 & Hwy 10 Corner in Growing Chatsworth! Exceptional high-visibility corner property (approx 0.41 acres) located right at the intersection of Hwy 6 and Hwy 10 with 25,000-30,000 cars passing daily. This package includes 3 separate buildings plus ample parking for 20+ vehicles, offering immediate cash flow and outstanding redevelopment potential for investors or end users.The main 1,800 sq ft commercial building is perfectly set up for a restaurant with seating for 30-40, two restrooms, and a 2 bdrm, 2 bath loft apartment. It includes two industrial exhaust fans and other commercial kitchen equipment. Multiple renovations have already been completed - just add your finishing touches to open for business.In addition, there is a solid 2-storey duplex with single car garage. All buildings have forced air gas heat and are on municipal water. The stone house offers extra rental income or can be torn down for new multi-residential or additional commercial construction. Buyers to do their own due diligence! This is a rare opportunity to own a high-traffic highway corner with proven rental upside, strong existing income potential from the restaurant and residential units, and room to expand. New community centre being built adjacent to the property. Ideal live/work/invest package in a growing area. Sold as is, where is. Don't miss out! (id:61445)
| MLS® Number | X13089808 |
| Property Type | Retail |
| Community Name | Chatsworth |
| AmenitiesNearBy | Highway, Recreation |
| Features | Irregular Lot Size |
| BathroomTotal | 6 |
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 17847 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Highway, Recreation |
| Sewer | Septic System |
| SizeDepth | 198 Ft |
| SizeFrontage | 156 Ft ,9 In |
| SizeIrregular | 0.41 |
| SizeTotal | 0.41 Ac |
| SizeTotalText | 0.41 Ac |
| ZoningDescription | C1 & R2 |
https://www.realtor.ca/real-estate/29708180/113-119-123-garafraxa-street-chatsworth-chatsworth
Contact us for more information
Kalveer Singh Grewal
Broker