561 PARK AVENUE, Chatham

$492,000

For sale: Other

Other at 561 PARK AVENUE, Chatham
Property type
Industrial
MLS®
MLS® 26010585

Attention Investors & Owner-Operators — Don’t Miss This Exceptional Opportunity! This solid two-storey mixed-use building offers the perfect blend of business ownership and investment income. Featuring approximately 2,400 sq. ft. of vacant commercial space on the main floor, this property is ideal for an owner-operator or a wide range of commercial uses, supported by favourable zoning. The upper level includes two separate two-bedroom residential units — one currently tenanted at $1,200/month, while the second unit is vacant and market-ready with an estimated rent of $1,500/month, offering immediate upside. Situated on an extra-large lot approximately 200 feet deep, the property provides ample on-site parking and exceptional future development or expansion potential, this is a rare, flexible asset well-suited for investors looking to maximize returns or owner-operators seeking to offset operating costs with rental income.

Schools

Schools in Chatham

Chatham has 16 Fraser Institute–rated schools (13 elementary and 3 secondary), averaging 4.9/10.

Rated schools
16
Elementary
13
Secondary
3
Average rating
4.9 / 10

Top-rated schools in Chatham

  • Monsignor Uyen — elementaryFraser rating 7.6/10
  • Indian Creek Road — elementaryFraser rating 7.2/10
  • St. Angela Merici — elementaryFraser rating 6.6/10
  • Ursuline (The Pines) — secondaryFraser rating 6.6/10
  • Winston Churchill — elementaryFraser rating 6.1/10
  • Sainte-Marie — elementaryFraser rating 6.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 561 PARK AVENUE