143 - 141 Park Avenue E Chatham-Kent, Ontario N7M 3V7
$890,000
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:24801)
Property Details
| MLS® Number | X13050006 |
| Property Type | Multi-family |
| Community Name | Chatham |
| Features | Carpet Free, Sump Pump |
| Parking Space Total | 6 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| 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 |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 150 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 150 Ft |
| Size Total Text | 60 X 150 Ft |
Utilities
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29663337/143-141-park-avenue-e-chatham-kent-chatham-chatham
Contact Us
Contact us for more information
Qaiser Mahboob
Salesperson
qaisertherealtor.com/
www.facebook.com/QaiserTheRealtor
1339 Matheson Blvd E.
Mississauga, Ontario L4W 1R1
(905) 624-5678
(905) 624-5677
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May 06 2026 06:28:46
Toronto Regional Real Estate Board
Homelife/miracle Realty Ltd