Chatham, ON
561 PARK AVENUE
$492,000
Listed by
JUMP REALTY INC.
EMAD ALASI, Sales Person
Data last updated Oct 21, 2026, 9:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $492,000
- Type
- industrial
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 3,800 sq ft
- MLS®
- 26010585
- Status
- active
- Brokerage
- JUMP REALTY INC.
About this home
Description provided by the listing brokerage
Attention Investors & Owner-Operators — Don’t Miss This Exceptional Opportunity! This solid two-storey mixed-use building offers the perfect blend of business ownership and investment income. Featuring approximately 2,400 sq. ft. of vacant commercial space on the main floor, this property is ideal for an owner-operator or a wide range of commercial uses, supported by favourable zoning. The upper level includes two separate two-bedroom residential units — one currently tenanted at $1,200/month, while the second unit is vacant and market-ready with an estimated rent of $1,500/month, offering immediate upside. Situated on an extra-large lot approximately 200 feet deep, the property provides ample on-site parking and exceptional future development or expansion potential, this is a rare, flexible asset well-suited for investors looking to maximize returns or owner-operators seeking to offset operating costs with rental income.