$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 62

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LISTING OFFICE:
Jump Realty Inc., Emad Alasi
Zoey Huang
Listing Realtor ©

Zoey Huang

Sales Representative
519 972 3888
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