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New · Listed Oct 7, 2026 · 22 days on market

241 Grand Avenue E, Chatham-Kent, ON N7L 1W7

$1,200,000

Commercial · Investment · 4747 sq ft · For Sale

Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units. Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside.

Property summary

TypeCommercial
SubtypeInvestment
Business typeApts - 6 To 12 Units
Building area4747 Square Feet
Lot size50.18 × 56.21 ft
Taxes$13,500 / yr
GarageNone
PossessionFlexible
OccupantTenant
Property
Lot width50.18
Lot depth56.21
Power & Services
Heating typeBaseboard
UtilitiesYes
Zoning & Taxes
Taxes / yr$13,500
Tax year2025
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.

Data provided by TRREB. Listed by EXP REALTY.

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CC Susan — Central Commercial
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