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561 PARK AVENUE, Chatham

· 3800 sqft

$492,000

Attention Investors & Owner-Operators a?? Dona??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 a?? 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.

General Info


MLS Listing ID: 26010585 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Industrial Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: Freehold Parking Space Total: 0
Parking: N/A Heating: N/A Size: 3800 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A
Water Supply: N/A Road Type: N/A Pool Type: N/A

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