37400 sqft
      
  
    
    
    
          Partially Air Conditioned
    
          Forced Air
    
    
          Acreage
    
      
  
      
    
    
    
    $999,000
  
  
  
  Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 37,400 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. (id:41954)
  
Property Details
	
		
			| MLS® Number | X12146404 | 
                    
                | Property Type | Business | 
        
        
                    
                | Community Name | Wallaceburg | 
        		
					
								
					| Equipment Type | Water Heater | 
								
							
								
					| Rental Equipment Type | Water Heater | 
								
	
Building
	
																																																																																																																			
						
				| Cooling Type | Partially Air Conditioned | 
																																																										
						
				| Heating Fuel | Natural Gas | 
								
						
				| Heating Type | Forced Air | 
																																	
						
				| Size Interior | 37400 Sqft | 
																																						
						
				| Utility Water | Municipal Water | 
													
	
	Land
	
		
							
										
						| Acreage | Yes | 
											
										
						| Sewer | Septic System | 
											
										
						| Size Depth | 477 Ft ,5 In | 
											
										
						| Size Frontage | 449 Ft ,8 In | 
											
										
						| Size Irregular | 4.99 | 
											
										
						| Size Total | 4.99 Ac | 
											
										
						| Size Total Text | 4.99 Ac | 
											
										
						| Zoning Description | Rhc-184 (rural Highway Commercial) | 
										
		
	
        
	
	
        
                            https://www.realtor.ca/real-estate/28308454/2024-dufferin-avenue-chatham-kent-wallaceburg-wallaceburg