5 Beds 3 Bath

217 Creek Street, Chatham-Kent, ON N8A 4C1

Chatham-Kent N8A 4C1 Ontario

MLS: X13048896

$374,999

Added 1 hour ago | For Sale

Listed by: HOMELIFE/MIRACLE REALTY LTD

About Property

Rare flexible opportunity in a high-traffic location near downtown Wallaceburg, approx. 1,738 sq ft. This corner-lot property offers excellent exposure multiple private entrances and strong live/rent/business potential. Property features three functional areas: Unit 1 is a ground-level private corner room with separate entrance, attached washroom and private parking, ideal for private room rental, guest suite, home office or part of the main house. The middle residential portion is a spacious custom-style home with 4 bedrooms upstairs, separate living/dining areas, bright eat-in kitchen with large windows and a spacious bathroom with double sink vanity and storage. The 4th room is currently used as laundry and can be relocated as per buyer preference. Unit 3 is the commercial-style unit with its own washroom, recently added shower and laundry, creating strong potential for a small business or flexible- use space. Commercial unit is ideal for a much-needed business in this area such as coffee shop, bakery, café, pizza shop/Pizza Pizza-style franchise, takeout, fish & chips, retail, office, beauty/personal service or similar use. Buyer may live in the main house, rent Unit 1/private room and operate or lease Unit 3 for extra income. Recent upgrades include new flooring in the middle house, shower/washroom improvements in Unit 1, newly added shower/laundry in Unit 3 and newer furnace/AC HVAC system valued at approx. $12,500. Five total parking spaces on both sides: one private space for Unit 1 and four side spaces. Residential parts/units are fully furnished and on Airbnb with income potential $4,000+ per month. Commercial income depends on business and can potentially be $10,000+. Close to Sydenham River, marinas, boating, fishing, outdoor recreation, and approx. 12 min drive to Walpole Island and Walpole-Algonac Ferry to Michigan, USA. Garden shed for storage, lower property tax, immediate possession available.

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 66 X 50
  • Water:None
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Wellington St/Creek St
  • Basement:Crawl Space , Crawl Space
  • Possession Date:Flexible
  • Annual Property taxes: $2000
  • Bedrooms:5
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X13048896

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