Description

Price : $1,199,000.00 MLS^® : X12146404 2024 Dufferin Avenue, Chatham-Kent, ON N8A 4M4

Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 43,300 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. C

Location Description

Dufferin Avenue & Running Creek Road

Property Details

• Community: Wallaceburg
• Property Type: Tenant/Commercial
• Garages: None
• Annual Property Taxes : $ 39187.95

Building Features

• Parking Type : None

Features

• Heating : Gas Forced Air Closed
• Sewer : Septic ,

Media

Land (Lot Features)

• Frontage: 449.67 sq.ft
• Land Depth: 477.43sq.ft
• Square Footage : As Per MPAC

Listing Contracted With: FOREST HILL REAL ESTATE INC.