217 Creek Street Chatham-Kent, Ontario N8A 4C1

$374,999

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. (id:55460)

Property Details

MLS® Number	X13048896
Property Type	Multi-family
Community Name	Wallaceburg
Parking Space Total	4

Building

Bathroom Total	3
Bedrooms Above Ground	5
Bedrooms Total	5
Appliances	Oven - Built-in, Range, Water Heater, Dishwasher, Dryer, Two Stoves, Two Washers, Refrigerator
Basement Type	Crawl Space
Cooling Type	Central Air Conditioning
Exterior Finish	Aluminum Siding, Brick Veneer
Foundation Type	Concrete, Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Triplex

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	50 Ft
Size Frontage	66 Ft
Size Irregular	66 X 50 Ft
Size Total Text	66 X 50 Ft

Utilities

Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29662086/217-creek-street-chatham-kent-wallaceburg-wallaceburg