141 Park Avenue Unit 143
Chatham / Chatham-Kent, ON N7M 3V7
About This Property
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.
Property Details
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Features & Amenities
- Air Conditioning
- Basement
Buying or selling in Chatham-Kent?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
Talk to Filipe & Isabel Ferreira →TRREB MLS® Attribution
MLS® X13883920
Listed by HOMELIFE/MIRACLE REALTY LTD
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$0
/month · $1 mortgage
Amortization
Total Interest
$1
Total Cost
$2
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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