Vendor Take Back (VTB) with a low interest rate option available. Discover the potential of this multi-use property situated in the heart of Chesterville Village, a bustling downtown, close to the waterfront. Includes 3 residential units, commercial space & a popular chip truck operation. Perfect for self-employed professionals or those looking for a work-from-home setup, the zoning flexibility supports various opportunities. Generate revenue through 3 residential rentals and 2 commercial ventures. The current vacant office space presents a blank canvas for new or expanding businesses. Explore redevelopment options with the possibility of transforming the property into a 10-12 unit apartment complex featuring ground-floor retail spaces. A prospect for a larger scale development exists with adjacent properties also on the market, allowing for a comprehensive block development of 50 - 100 mixed-use units. Benefit from a pro-development local government with an efficient planning office & access to all necessary utilities including water & sewer connections. (id:47423)
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Detailed Information
Lot
71.75 x 82.42 ft
Listing Contract Date
2024-11-02
Location Description
County Rd 11 to King St in Chesterville
Property Type
Business
Transaction Type
For sale
Zoning Description
GM
Building
Cooling Type
Partially air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
4100 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=71.8 x 82.45 FT
Size of Irregular Land
Bldg=71.8 x 82.45 FT
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