59-61 Mcnaughton Avenue Chatham-Kent, Ontario N8A 1R9
$2,250,000
Prime Real Estate Opportunity in WallaceburgExceptional Investment in a Thriving CommunityWelcome to a prime real estate opportunity in the heart of Wallaceburg! This strategically positioned plaza offers a solid investment with significant future growth potential. Situated directly opposite Walmart, Canadian Tire, and Tim Hortons, this location guarantees high visibility and foot traffic.Plaza Highlights:Four Commercial Units: Ensuring steady income with all but one unit currently occupied.Spacious Layout: 12,500 sq ft plaza on a 1.3-acre lot.Development Potential: Room for developing an additional 10,000 - 15,000 sq ft units in the back.Modern Amenities: Includes a new roof and a new AC unit.Independently Metered Units: Each unit pays its own utilities, making management straightforward.Current Tenants:SouthSide Fitness Club: Attracting health-conscious customers daily.Pita Pit Restaurant: Offering healthy food options to a diverse clientele.Flooring Store: Serving the community's renovation and building needs.Available Space: 2,000 sq ft ready for the right tenant or owner-operator.This plaza is more than just a sound investment; it's a gateway to future development and growth in the rapidly expanding Wallaceburg community. Don't miss this opportunity to be a part of a vibrant, thriving area. (id:19173)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X9030387 |
| Property Type | Retail |
| Community Name | Wallaceburg |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Interior | 12500 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 331 Ft |
| Size Frontage | 170 Ft |
| Size Irregular | 170.57 X 331.07 Ft |
| Size Total Text | 170.57 X 331.07 Ft |
| Zoning Description | Commercial Retail |
https://www.realtor.ca/real-estate/27149976/59-61-mcnaughton-avenue-chatham-kent-wallaceburg
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July 15 2024 03:21:11
London and St. Thomas Association of REALTORS®
Nu-Vista Premiere Realty Inc.