#143 141 Park Avenue East, Chatham-Kent (Chatham) - Multi-family for Sale

Description

Zoned M1 General Industrial, the property allows a broad range of potential uses, including office, public storage, service/repair shop, service trade establishment, warehouse, wholesale business with accessory retail, and other permitted commercial/industrial uses. The M1 zoning also lists automatic and manual car wash as permitted uses, creating a potential future opportunity for a buyer to explore a car wash system with additional investment.Seller estimates that with an approximate $200,000 additional investment, a properly approved car wash setup may have potential to generate $30,000+ in additional income, subject to buyer's own feasibility study, municipal approvals, permits, servicing, drainage, environmental review, construction costs, and market demand.-income, location, zoningA rare property for buyers who want more than a standard duplex flexibility, and long-term upside in one package. (id:66096)

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