Address: 247 Chatham STREET South, Blenheim FOR SALE Postal Code: N0P1A0 Style: Bedrooms: 0 Bathrooms: 0 Bedrooms Aboveground: 0 Bedrooms Belowground: 0 Lot Size: x Property Size: 681 ft Frontage / 51.55 AC
About 247 Chatham Street South
Discover a prime future development opportunity on the frontage of this 51.55-acre farm property, situated on the South side of Blenheim. Boasting approximately 680 feet of frontage along Chatham Street South, the A1 zoned property currently exhibits a Highway Commercial planning designation overlay, with strong potential for rezoning the front portion—to a depth of about 85 meters (278 feet)—for Highway Commercial use. This presents an ideal location for a custom-built retail or service plaza, capitalizing on high-visibility roadside exposure. The land is presently configured with approximately 42.5 acres of tillable soil more or less, currently planted with corn for the season (note: the current crop is excluded from the sale). Investors will appreciate the proven long-term value of farmland holdings near urban growth areas, offering stability and appreciation potential. Additionally, buyers may explore opportunities for aggregate extraction on-site, adding further versatility to this asset. This transaction will be structured as a share purchase of the holding corporation and offers to be submitted on the seller provided letter of intent. (id:56071). Get more information on 247 Chatham Street South
Brokered by: ROYAL LEPAGE PEIFER REALTY(BLEN) Brokerage
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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