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:48714)
MLS® Number | X10412368 |
Property Type | Business |
Neigbourhood | Stormont |
Community Name | 705 - Chesterville |
Cooling Type | Partially Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Exterior | 4100 Sqft |
Size Interior | 4100 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 82 Ft ,5 In |
Size Frontage | 71 Ft ,9 In |
Size Irregular | Bldg=71.8 X 82.45 Ft |
Size Total Text | Bldg=71.8 X 82.45 Ft |
Zoning Description | Gm |
https://www.realtor.ca/real-estate/27627276/29-king-street-north-dundas-705-chesterville
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