Unique 5-income property in Chesterville Village with three residential units, a commercial space, and a chip truck utilizing the parking lot. Commercial zoning allows flexible use, catering to self-employed or work-from-home options in the busy downtown area. The property offers three residential and two commercial income sources, creating a vibrant community atmosphere close to the waterfront. The vacant commercial office space allows for customization or lease, with potential redevelopment into a 10-12-unit apartment complex with ground-floor shops. Additionally, there's an exciting opportunity for a corner-to-corner one-block development, as adjacent properties are available for sale. A potential of 50 or 100-unit mixed residential commercial in the pro-development town boasts a planning office with a swift approval process, and all essential services, including water and sewer connections, are readily available. Join this flourishing and forward-thinking community now! (id:51013)
| MLS® Number | 1377173 |
| Property Type | Multi-family |
| Neigbourhood | Chesterville |
| Parking Space Total | 14 |
| Constructed Date | 1960 |
| Stories Total | 2 |
| Acreage | No |
| Size Depth | 82 Ft ,5 In |
| Size Frontage | 71 Ft ,10 In |
| Size Irregular | 71.8 Ft X 82.45 Ft (irregular Lot) |
| Size Total Text | 71.8 Ft X 82.45 Ft (irregular Lot) |
| Zoning Description | General Commercial |
https://www.realtor.ca/real-estate/26509898/29-king-street-chesterville-chesterville
Contact us for more information
Ali Abbas
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca
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