ON
Chatham-Kent (Wallaceburg)
N8A4C1
217 Creek Street
217 Creek Street, Chatham-Kent (Wallaceburg), ON N8A4C1
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Listing Type
Multi Family
Listing Status
Active
43
$374,999

Home Details for 217 Creek Street

Price
$374,999
Type
Residential Income
Bedrooms
5
Total Bathrooms
3
Listing #
X13048896
Property Description

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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
Listing Courtesy: HOMELIFE/MIRACLE REALTY LTD
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EXIT REALTY MATRIX, BROKERAGE
785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
Nicolas Sigounis
License #: 6002787
Sales Representative
Office
613 443 4300
Agent
613 859 9331
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