43,300 ft2
Partially Air Conditioned
Forced Air
$1,199,000
Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 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:50976)
Property Details
MLS® Number
|
X12146402 |
Property Type
|
Retail |
Community Name
|
Wallaceburg |
Building
Cooling Type
|
Partially Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
43,300 Ft2 |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Septic System |
Size Depth
|
477 Ft ,5 In |
Size Frontage
|
449 Ft ,8 In |
Size Irregular
|
449.67 X 477.43 Ft ; As Per Mpac |
Size Total Text
|
449.67 X 477.43 Ft ; As Per Mpac |
Zoning Description
|
Rhc-184 (rural Highway Commercial) |
https://www.realtor.ca/real-estate/28308453/2024-dufferin-avenue-chatham-kent-wallaceburg-wallaceburg