$450.00 Per Sq Foot $2,416 est/mo Sourced by Back At You

29 King Street,Chesterville, ON K0C 1H0

Chesterville ON, K0C 1H0

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Description

Discover the potential of this multi-use property situated in the heart of Chesterville Village, a bustling downtown area close to the scenic waterfront. Includes 3 residential units, a commercial space ready for customization or leasing, and a popular chip truck operation. Mixed-Use Zoning: Perfect for self-employed professionals or those looking for a work-from-home setup, the zoning flexibility supports various business & residential opportunities. Income Diversity: Generate revenue through 3 residential rentals and 2 commercial ventures. The current vacant office space presents a blank canvas for new or expanding businesses. Development Potential: Explore redevelopment options with the possibility of transforming the property into a 10-12-unit apartment complex featuring ground-floor retail spaces. Expansion Opportunities: An exciting prospect for a larger-scale development exists with adjacent properties also on the market, allowing for a comprehensive block development of 50 to 100 mixed-use units. Pro-Business Community: Benefit from a pro-development local government with an efficient planning office and access to all necessary utilities including water and sewer connections. This property not only promises diverse income streams but also offers a prime location in a community known for its growth and innovation. Seize the opportunity to invest in a thriving area with substantial development potential. Join Chesterville Village's forward-thinking community

Details

MLS#40579102
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site83
Listing Provided ByeXp Realty, Brokerage | Sandra Mckenna

Features

SQ Feet1,000
Story(s)2
ZoningGM
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 3 minutes ago
ProvinceON
CountyStormont, Dundas and Glengarry
CityChesterville
Postal CodeK0C 1H0
AreaNorth Dundas
SubareaNorth Dundas
Community NameNorth Dundas
Listing VS Median (in North Dundas)
Price:
$449,999
low | high
Med:
$614,950
13.344251876115% of Average
SqFt:
1,000
low | high
Med:
2,150
65% of Average
$ / SqFt:
$450
low | high
Med:
$343
73.740682386702% of Average
On Site:
83
low | high
Med:
57.000000
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 11:31:47 AM PDT