ON
Chatham
N7M1J6
226 WELLINGTON W Street
226 WELLINGTON W Street, Chatham, ON N7M1J6
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Listing Type
Commercial/Industrial
Listing Status
Active
38
$649,900

Home Details for 226 WELLINGTON W Street

Price
$649,900
Type
Commercial Sale
Year built
1950
Listing #
26013717
Property Description

SELLER MOTIVATED! The possibilities are endless with this exceptional high-visibility corner property offering a unique blend of residential and commercial income potential. This well-maintained building features two residential units, both currently rented at $1450.00 ($200.00 of this amount is for utilities) per month inclusive and $1200.00 per month inclusive, providing immediate income, along with a vacant main-floor commercial space ready for an owner-occupier or investor. The commercial unit consists of a welcoming reception area, multiple offices, examination rooms equipped with sinks, a kitchenette, and two washrooms, making it ideal for medical, professional, or service-based uses, comprising of approx. 1716 square feet. The flexible layout also presents the potential to create additional rental units, subject to any required approvals. Laundry facilities are conveniently located in the basement, and the property offers ample on-site parking for tenants, clients, and visitors. Centrally located close to the downtown core and within walking distance to shopping, restaurants, services, and other amenities, this property is in excellent condition and represents an outstanding value and investment opportunity. The seller may consider a vendor take-back mortgage for qualified purchasers, adding further appeal to this rare offering. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
Listing Courtesy: RE/MAX PREFERRED REALTY LTD.
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EXIT REALTY APEX, BROKERAGE
135 Matheson Blvd W Unit 202D, Mississauga, ON L5R 3L1
Rupam Sharma
License #: 6001368
Sales Representative
Office
905 283 6741
Agent
289 885 5017
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