561 Park Avenue, Chatham, Ontario

About 561 Park Avenue

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:6289)

More Info on this MLS® listing

561 Park Avenue is a listing for sale in Chatham. The MLS® number is 26010585. It covers 3,800 square feet. It's currently listed for $492,000. For more details on MLS® 26010585, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Chatham is available now!

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