$495,000

561 Park Avenue, Chatham , ON


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:4555)

Property Specs
Listing ID25032004
Address561 PARK AVENUE
CityChatham, ON
Price$495,000
Land Size53.19 X 201.29 FT
StatusFor sale


Extended Features
Ownership Freehold Date Listed 2025-12-23 21:00:45Days on Market 14

Schedule a Viewing

Book
Today
7
Jan
8
Jan
9
Jan
10
Jan
11
Jan
12
Jan
13
Jan
14
Jan
15
Jan
16
Jan
17
Jan
18
Jan
19
Jan
20
Jan
21
Jan
22
Jan
23
Jan
24
Jan
25
Jan
26
Jan
27
Jan
28
Jan
29
Jan
30
Jan
31
Jan
1
Feb
2
Feb
3
Feb
4
Feb

Get in touch to receive more info

Grocery Stores
Schools
Restaurants
Gas Stations
Banks
Parks
Transit
Police
Fire Station
Place of Worship
Please select an amenity above to view a list.
LISTING OFFICE:
Jump Realty Inc., Emad Alasi
Yousuf Kadsoo
Listing Realtor ©

Yousuf Kadsoo

Sales Representative
519-972-3888
Request More Information
Loading...