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 today!
MLS# | 40632437 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 59 |
Listing Provided By | Century 21 Heritage Group Ltd., Brokerage | Sandra Mckenna |
SQ Feet | 1,000 |
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Story(s) | 2 |
Zoning | GM |
Province | ON |
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County | Stormont, Dundas and Glengarry |
City | Chesterville |
Postal Code | K0C 1H0 |
Area | North Dundas |
Subarea | North Dundas |
Community Name | North Dundas |
Listing VS Median (in North Dundas) | |
Price: $449,999 low | high Med: $614,950 SqFt: 1,000 low | high Med: 2,150 $ / SqFt: $450 low | high Med: $343 On Site: 59 low | high Med: 59.000000 |