247 Chatham STREET South, Blenheim, Ontario, N0P1A0
Re/Max Preferred Realty Ltd.
Cell: 519-476-1976
Tel: 519-944-5955
$1,075,000 - For sale
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:2471)
- Property Address:247 Chatham STREET South, Blenheim, Ontario, N0P1A0
- Property Type:Agriculture
- Title:Freehold
- Lot Size:681 ft Frontage / 51.55 AC|10+ acres
REALTOR®
Re/Max Preferred Realty Ltd.
Cell: 519-476-1976
Tel: 519-944-5955
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- Map 247 Chatham STREET South, Blenheim, Ontario, N0P1A0
- Neighbourhood Information
247 Chatham STREET South, Blenheim, Ontario, N0P1A0
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