515 Park Avenue
Chatham-Kent, ON
- 11 sqft
- Land
- 203 days on market
Great opportunity for an Investor/Developer to acquire approx. 11.5 acres of land (2 lots {Parcel 1&2} including approx. 1.04 acres of open land) are being sold together. Zoning is UC(HC1) allows mixed use for development of a commercial/residential project to enhance the current Chatham(city) community providing housing and commercial/retail opportunities permitting many uses like Residential, Commercial, Hotel, LTC, Gas Station, Assembly, Warehousing etc. The vacant land is located on the north side of Park Avenue East, at the northeast corner of the Parks street intersection, close to many amenities including McDonalds and is in a heavy traffic area and close proximity to Hwy 401/Hwy 40. Services are on the road. Site Plan Approval for 140 residential units and a retail plaza is expected soon. Can qualify for CMHC funding (to be explored). 424 Park St E approx. 1.04 acres lot (open land) can be planned as a drive through restaurant (subject to approvals). Gordie Howe International bridge connecting Detroit to Windsor will enhance trade and employment in the region. A car battery EV plant coming up by Toyota in Windsor will enhance the business and employment in the region. Please Note: Both the lots are listed for sale together and included here. Parcel 1 - Part 2 approx. 1.04 acres at 424 Park Ave E N7M 5Y5 Parcel 2 - Parts 1-11 approx. 10.04 acres at 515 Park Ave E N7M 5J4
Listing Details
- Taxes (2025)
- $6,570
- Originally Listed
- $2,700,000
- Listed
- February 20, 2026
Price History
Parking
- Garage
- None
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- PARK AVE E/PARK ST
- Zoning
- UC(HC1)
- Parcel Number
- 005110077
- Possession
- Flexible
- Occupancy
- Vacant
Commercial
- Business Type
- Retail
Included
- Inclusions
- VACANT LAND- Both lots are listed together for sale Parcel 1 - Part 2 approx. 1.04 acres at 424 Park Ave E N7M 5Y5 Parcel 2 - Parts 1-11 approx. 10.04 acres at 515 Park Ave E N7M 5J4
Community
Postal area N7M
- Population
- 25,579
- Private dwellings
- 11,361
- Median age
- 44
- Average household size
- 2.3
- Median household income
- $71,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Chatham-Kent · last 12 months
- Median sold price
- $342,500
- Homes sold
- 118
- Median days on market
- 22
- Sale-to-list price
- 95.0%
Based on 118 recorded sales of commercial properties in Chatham-Kent over the last 12 months.
Listed by
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $6,570
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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