188 Park Street Chatham, Ontario N7M 3R9
$449,900
This mixed-use gem boasts two thriving commercial units and three residential spaces on a prime corner lot. Behind the commercial hustle, find a 1-bedroom residence on the main floor, while upstairs, two stylish 2-bedroom units are already generating $1200 + $650 in rent (leased by the room, with 3 out of 4 units currently occupied). Formerly a variety store and legal marijuana shop, this property is not just a space; it's a canvas for your entrepreneurial dreams. Recent upgrades, including a partial roof replacement, new flooring, kitchen, washrooms, and updated electric and plumbing, furnace, and AC, ensure a modern and appealing environment. But that's not all - seize the opportunity to expand your portfolio with the included lot and garage across the street at 185 Park St, offering RL3 zoning possibilities. The commercial units are primed for lease, and the 1-bedroom unit awaits your personal touch to set the rent and add your unique flair. (id:39367)
Property Details
| MLS® Number | 23023940 |
| Property Type | Multi-family |
Building
| Cooling Type | Central Air Conditioning, Heat Pump |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Mixed Flooring, Cushion/lino/vinyl |
| Foundation Type | Block |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Forced Air, Furnace, Heat Pump |
| Stories Total | 2 |
| Type | Multi-family |
Parking
| Other | 3 |
Land
| Acreage | No |
| Size Total Text | Under 1/4 Acre |
| Zoning Description | Uc(lc) |
https://www.realtor.ca/real-estate/26328355/188-park-street-chatham
Contact Us
Contact us for more information
Jeremy Lloyd Ivany
Sales Person
4 Mountsfield Drive
London, Ontario N6C 2S4
(519) 649-1888
(519) 937-9111
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January 08 2024 04:03:56
Chatham Kent Association of REALTORS®
Blue Forest Realty Inc.