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2024 Dufferin Avenue Chatham-Kent, Ontario N8A 4M4

37400 sqft
Fully Air Conditioned Forced Air Acreage

$999,000

Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 37,400 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:60365)

Property Details

MLS® Number X12146408
Property Type Retail
Community Name Wallaceburg
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 37400 Sqft
UtilityWater Municipal Water

Land

Acreage Yes
Sewer Septic System
SizeDepth 477 Ft ,5 In
SizeFrontage 449 Ft ,8 In
SizeIrregular 4.99
SizeTotal 4.99 Ac
SizeTotalText 4.99 Ac
ZoningDescription Rhc-184 (rural Highway Commercial)

https://www.realtor.ca/real-estate/28308456/2024-dufferin-avenue-chatham-kent-wallaceburg-wallaceburg

Scott Stren
Broker


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

Clayton James Steinberg
Salesperson


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

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