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$ 499,999
Est. payment | /mo
$ 499,999
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 705 - Chesterville
MLS Listing ID X12854474
Annual Tax Amount $4,100
Tax Year 2025
Property Sub-Type Investment
Property Description
Discover an outstanding mixed-use investment opportunity in the heart of the charming Village of Chesterville, just steps from the waterfront and surrounded by local amenities. This versatile property features three residential rental units and commercial spaces, creating multiple streams of income with strong long-term potential. One of the commercial units is currently leased to a well-established local chip truck (business not included in the sale), providing reliable rental income, while the second commercial space ready for a new vision-ideal for retail, professional services, café space, or other entrepreneurial uses. Zoned GM (General Mixed-Use), the property offers exceptional flexibility for both residential and commercial applications. Investors and developers will appreciate the future redevelopment potential, with possibilities to reimagine the site as a 10-12 unit apartment building with ground-floor commercial space, maximizing both density and return.
Location
State ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Zoning GM
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 71.8
Lot Depth 82.45
Others
ParcelsYN No
Listed by CENTURY 21 HERITAGE GROUP LTD., BROKERAGE