50 Lorne Avenue
Chatham
Chatham-Kent
N7M 1R9
$460,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12128304
- Bus Major:
- Apts - 2 To 5 Units
- Photos (12)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered commercial fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 2200 sq. ft. Square Feet
- Total Area:
- 2,200 sq. ft.204 m2
- Depth:
- 94'5½"28.8 m
- Frontage:
- 73'3"22.3 m
- Water supply:
- Municipal
- Zoning:
- RL3
- Heating type:
- Gas Forced Air Closed
- Garage:
- Outside/Surface
- Parking Spaces:
- 1
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- In Addition To
- Assessment Year:
- 2024
- Type Taxes:
- Annual
- Taxes:
- $3,238 / 2024
- Assessment:
- $- / 2024
- Chatham-Kent
- Chatham
- Chatham-Kent
- 3 HWTs, 2 Furnaces
- 4 Stoves, 4 Fridges, Furnaces (2 rental, 1 owned), 1 Electric Wall Heater, HWTs (1 owned, 3 rental), All Electrical Fixtures
- Tenants' personal belongings, Window Coverings
- Utilities:
- Yes
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Major Business Type:
- Apts - 2 To 5 Units
- Category:
- Apartment
Larger map options:
Listed by ROYAL LEPAGE FRANK REAL ESTATE
Data was last updated May 14, 2025 at 10:15 PM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
powered by myRealPage.com