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. Contact us Today to Explore the Full Potential of This Rare, High-Performing Asset. (id:4069)
Address
2024 DUFFERIN AVENUE
List Price
$1,199,000
Property Type
Retail
Area
Ontario
Sub-Area
Chatham Kent (wallaceburg)
Floor Area
43,300 Sq. Ft.
Lot Size
449.67 x 477.43 FT ; As Per MPAC Sq. Ft.
MLS® Number
X12146402
Listing Brokerage
FOREST HILL REAL ESTATE INC.
| HOMELIFE/BAYVIEW REALTY INC.
Postal Code
N8A4M4
Zoning
RHC-184 (Rural Highway Commercial)
