$449,999 FOR SALE

Commercial/Retail

Lot: 71.75 x 82.42 ft

29 King Street
North Dundas, ON K0C 1H0

Discover the potential of this multi-use property situated in the heart of Chesterville Village, a bustling downtown area close to the scenic waterfront. Includes 3 residential units, a commercial space ready for customization or leasing, and a popular chip truck operation. Mixed-Use Zoning: Perfect for self-employed professionals or those looking for a work-from-home setup, the zoning flexibility supports various business & residential opportunities. Income Diversity: Generate revenue through 3 residential rentals and 2 commercial ventures. The current vacant office space presents a blank canvas for new or expanding businesses. Development Potential: Explore redevelopment options with the possibility of transforming the property into a 10-12-unit apartment complex featuring ground-floor retail spaces. Expansion Opportunities: An exciting prospect for a larger-scale development exists with adjacent properties also on the market, allowing for a comprehensive block development of 50 to 100 mixed-use units. Pro-Business Community: Benefit from a pro-development local government with an efficient planning office and access to all necessary utilities including water and sewer connections. This property not only promises diverse income streams but also offers a prime location in a community known for its growth and innovation. Seize the opportunity to invest in a thriving area with substantial development potential. Join Chesterville Village's forward-thinking community today! (id:47423)

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Listed By CENTURY 21 HERITAGE GROUP LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9258215
Last Updated Sep 20, 2024
Property Summary
Property Type Commercial/Retail

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Price History
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Detailed Information
Lot 71.75 x 82.42 ft
Listing Contract Date 2024-08-15
Location Description County Rd 11 to King St in Chesterville.
Property Type Retail
Transaction Type For sale
Zoning Description GM
Building
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 1000 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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