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188 Park Street Chatham, Ontario N7M 3R9

3200
Central Air Conditioning

$449,900

Welcome to your next investment opportunity! This mixed-use gem boasts two thriving commercial units and three residential spaces on a prime corner lot. The convenience store is rented at $800 + gas/hydro and the other commercial space is zoned for a day care and is currently available for rent. Behind the commercial hustle, find a 1-bedroom residence on the main floor ready to make your own, while upstairs, there are two stylish 2-bedroom units one rented at $1200 + the other ready for a new tenant. 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. Ready to turn potential into profit? (id:39551)

Property Details

MLS® Number 40518489
Property Type Multi-family
Amenities Near By Park
Equipment Type Furnace, Water Heater
Parking Space Total 3
Rental Equipment Type Furnace, Water Heater

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas
Stories Total 2
Size Interior 3200
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Park
Sewer Municipal Sewage System
Size Depth 88 Ft
Size Frontage 43 Ft
Size Total Text Under 1/2 Acre
Zoning Description Cc

https://www.realtor.ca/real-estate/26328294/188-park-street-chatham

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