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143 - 141 PARK AVENUE E, Chatham-Kent (Chatham), Ontario

$1

4 bed · 2 bath

MLS® X13883920

Zoned M1 General Industrial, the property allows a broad range of potential uses, including office, public storage, service/repair shop, service trade establishment, warehouse, wholesale business with accessory retail, and other permitted commercial/industrial uses. The M1 zoning also lists automatic and manual car wash as permitted uses, creating a potential future opportunity for a buyer to explore a car wash system with additional investment.Seller estimates that with an approximate $200,000 additional investment, a properly approved car wash setup may have potential to generate $30,000+ in additional income, subject to buyer's own feasibility study, municipal approvals, permits, servicing, drainage, environmental review, construction costs, and market demand.-income, location, zoningA rare property for buyers who want more than a standard duplex flexibility, and long-term upside in one package. (id:56426)

QAISER MAHBOOB

Listed by HOMELIFE/MIRACLE REALTY LTD

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
45,171
Median household income
$59,292
Median home value
$317,769
Owner-occupied
64%
Homes for sale
373
Median list price
$449,600

Source: Statistics Canada 2021, LiveBy

Map of Chatham
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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