REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 637,900
Est. payment | /mo
4,100 SqFt
$ 637,900
Est. payment | /mo
4,100 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $155
MLS Listing ID X10412368
Annual Tax Amount $4,100
Tax Year 2023
Property Description
Vendor Take Back (VTB) with a low interest rate option available. Discover the potential of this multi-use property situated in the heart of Chesterville Village, a bustling downtown, close to the waterfront. Includes 3 residential units, commercial space & a popular chip truck operation. Perfect for self-employed professionals or those looking for a work-from-home setup, the zoning flexibility supports various opportunities. Generate revenue through 3 residential rentals and 2 commercial ventures. The current vacant office space presents a blank canvas for new or expanding businesses. Explore redevelopment options with the possibility of transforming the property into a 10-12 unit apartment complex featuring ground-floor retail spaces. A prospect for a larger scale development exists with adjacent properties also on the market, allowing for a comprehensive block development of 50 - 100 mixed-use units. Benefit from a pro-development local government with an efficient planning office & access to all necessary utilities including water & sewer connections.
Location
State ON
County Stormont, Dundas And Glengarry
Community 705 - Chesterville
Area Stormont, Dundas And Glengarry
Zoning GM
Region 705 - Chesterville
City Region 705 - Chesterville
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 71.8
Lot Depth 82.45
Others
Security Features No
Listed by CENTURY 21 HERITAGE GROUP LTD., BROKERAGE