2024 Dufferin Avenue, Chatham-Kent (Wallaceburg), Ontario N8A 4M4 (28308453)


LOADING

43,300 ft2
Partially Air Conditioned Forced Air Acreage

$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. (id:59911)

Property Details

MLS® Number X12146402
Property Type Retail
Community Name Wallaceburg

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 43,300 Ft2
Utility Water Municipal Water

Land

Acreage Yes
Sewer Septic System
Size Depth 477 Ft ,5 In
Size Frontage 449 Ft ,8 In
Size Irregular 4.99
Size Total 4.99 Ac
Size Total Text 4.99 Ac
Zoning Description Rhc-184 (rural Highway Commercial)

Interested in 2024 Dufferin Avenue, Chatham-Kent, Ontario N8A 4M4?

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Scott Stren
Broker

(416) 471-2886

Forest Hill Real Estate Inc.
151 York St Unit 332
London, Ontario N6A 1A8

(416) 964-8101

Clayton James Steinberg
Salesperson

(905) 889-2200
www.claytonsteinberg.ca/
www.facebook.com/claytonsteinbergrealtor/

Homelife/bayview Realty Inc.
505 Hwy 7 Suite 201
Thornhill, Ontario L3T 7T1

(905) 889-2200
(905) 889-3322