143 - 141 PARK AVENUE E, Chatham-Kent (Chatham)

2026-04-28
 

Quick Summary

Location
143 - 141 PARK AVENUE E, Chatham-Kent (Chatham), Ontario N7M3V7
Price
$890,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1500 - 2000 sqft
Bedrooms:
4
Bathrooms:
2
Garages:
6

MLS®#X13050006

Property Description

Welcome to 141-143 Park Avenue E - a unique property offering ML (General Industrial) zoning with a wide range of permitted uses, combined with strong existing income potential. The property is currently fully renovated and fully furnished, featuring two functional units with proven short-term rental (Airbnb) potential generating up to ~$6,000/month, depending on occupancy and management. Ideal for investors seeking immediate income with future upside. ML zoning allows for various commercial and industrial uses including office, warehouse, service shop, storage, and wholesale operations with accessory retail. The zoning also permits uses such as a car wash (automatic or manual), presenting a potential value-add opportunity for buyers looking to reposition or redevelop the property over time. Seller indicates that, subject to approvals and buyer due diligence, a future car wash setup could be explored with additional investment. All development potential is subject to municipal approvals, servicing, environmental considerations, and feasibility review. Strategically located in a growing area, just minutes to Highway 401 and approximately 5 minutes to downtown, offering excellent accessibility. The area continues to see development activity, including nearby commercial growth such as a newly opened gas station and major retail brands. A rare opportunity combining current income with long-term flexibility and upside. Buyer to verify zoning, permitted uses, compliance, and all future development potential with the Municipality of Chatham-Kent. (id:32467)

Property Features

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater, Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
  • Basement Features: Separate entrance
  • Basement Type: N/A
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Duplex
  • Stories: 1.5
  • Utility Water: Municipal water

Features

  • Feature: Carpet Free, Sump Pump

Land

  • Land Size: 60 x 150 FT
  • Sewer: Sanitary sewer

Information entered by HOMELIFE/MIRACLE REALTY LTD
Listing information last updated on: 2026-05-06 18:28:46


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