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59-61 Mcnaughton Avenue Chatham-Kent (Wallaceburg), Ontario N8A 1R9

12500 sqft
Fully Air Conditioned Forced Air

$2,250,000

Prime Real Estate Opportunity in WallaceburgExceptional Investment in a Thriving CommunityWelcome to a prime real estate opportunity in the heart of Wallaceburg! This strategically positioned plaza offers a solid investment with significant future growth potential. Situated directly opposite Walmart, Canadian Tire, and Tim Hortons, this location guarantees high visibility and foot traffic.Plaza Highlights:Four Commercial Units: Ensuring steady income with all but one unit currently occupied.Spacious Layout: 12,500 sq ft plaza on a 1.3-acre lot.Development Potential: Room for developing an additional 10,000 - 15,000 sq ft units in the back.Modern Amenities: Includes a new roof and a new AC unit.Independently Metered Units: Each unit pays its own utilities, making management straightforward.Current Tenants:SouthSide Fitness Club: Attracting health-conscious customers daily.Pita Pit Restaurant: Offering healthy food options to a diverse clientele.Flooring Store: Serving the community's renovation and building needs.Available Space: 2,000 sq ft ready for the right tenant or owner-operator.This plaza is more than just a sound investment; it's a gateway to future development and growth in the rapidly expanding Wallaceburg community. Don't miss this opportunity to be a part of a vibrant, thriving area. (id:39551)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number X9030387
Property Type Retail
Community Name Wallaceburg

Building

Cooling Type Fully Air Conditioned
Fireplace Present No
Heating Fuel Electric
Heating Type Forced Air
Size Interior 12500 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 331 Ft
Size Frontage 170 Ft ,6 In
Size Irregular 170.57 X 331.07 Ft
Size Total Text 170.57 X 331.07 Ft
Zoning Description Commercial Retail

https://www.realtor.ca/real-estate/27149976/59-61-mcnaughton-avenue-chatham-kent-wallaceburg-wallaceburg

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