29 King ST new

North Dundas,ON K0C 1H0

$ 637900

- Bed

- Bath

4100 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $155

MLS Listing ID X10412368

Annual Tax Amount $4,100

Tax Year 2023

Property Description

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.

Location

Province ON

County Stormont, Dundas And Glengarry

Area 705 - Chesterville

Interior

Cooling Partial

Exterior

Utilities Available Yes

Parking Type None

Others

Security Features No

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