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    For Sale - 141 Park Avenue Unit# 143, Chatham-Kent, Ontario

    Est payment $4,274/mo
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    Views   2
    Time on Jump  70 day

    AI Summary *

    • Fully renovated and furnished with two functional rental units.
    • Potential income from short-term rentals up to ~$6,000/month.
    • ML zoning allows for various commercial and industrial uses.
    • Located near Highway 401 and downtown for easy accessibility.
    • Future redevelopment opportunities for a car wash or other ventures.




    Welcome to 141-143 park avenue e - a unique property offering ml (general industrial) zoning with a wide range of permitted uses, combined with strong existing income potential. The property is currently fully renovated and fully furnished, featuring two functional units with proven short-term rental (airbnb) potential generating up to ~$6,000/month, depending on occupancy and management. Ideal for investors seeking immediate income with future upside. Ml zoning allows for various commercial and industrial uses including office, warehouse, service shop, storage, and wholesale operations with accessory retail. The zoning also permits uses such as a car wash (automatic or manual), presenting a potential value-add opportunity for buyers looking to reposition or redevelop the property over time. Seller indicates that, subject to approvals and buyer due diligence, a future car wash setup could be explored with additional investment. All development potential is subject to municipal approvals, servicing, environmental considerations, and feasibility review. Strategically located in a growing area, just minutes to highway 401 and approximately 5 minutes to downtown, offering excellent accessibility. The area continues to see development activity, including nearby commercial growth such as a newly opened gas station and major retail brands. A rare opportunity combining current income with long-term flexibility and upside. Buyer to verify zoning, permitted uses, compliance, and all future development potential with the municipality of chatham-kent.
    Listing IDX13050006
    Address141 Park Avenue Unit# 143
    CityChatham-Kent, Ontario
    Price$890,000
    Bed / Bath4 / 2 Full
    Style1 1/2 Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Carpet Free, Separate Hydro Meter, Sump Pump, Water Heater OwnedOwnership FreeholdBasement Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  HOMELIFE/MIRACLE REALTY LTD

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    141 Park Avenue Unit# 143
    Chatham-Kent , Ontario
    4 2 $890,000
    Get more info