247 Chatham STREET South, Blenheim FOR SALE

Brokered by: ROYAL LEPAGE PEIFER REALTY Brokerage

MLS®: 25023879 (Freehold)

Price: $1,250,000.00

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

Property Features

Rental Equipment:  
Farm Type:  Cash Crop
Zoning Description:  A1
Lot:  681 ft Frontage / 51.55 AC|10+ acres 681 ft Frontage / 51.55 AC
Water:  ,
Heating / Cooling:   /
Age: 
Basement:  

Rooms & Sizes

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.