storage zoned land in growing area

615 Gillard St, Chatham-Kent, ON, Chatham-Kent N8A

Development Land

Added: 2023-08-08

Active $349,000

a remarkable opportunity in Chatham-Kent! This 2.2-acre industrial land parcel is strategically located in the heart of Wallaceburg, awaiting your visionary touch to generate income. A completed Phase 1 ESA is available. We believe that purchasing this land presents a fantastic opportunity, as it is zoned for both outside storage and a self-storage facility. You can initiate the process by laying down gravel and installing a fence, along with a few storage containers to start generating cash flow on the property. Situated in a prime location near Walmart, Tim Hortons, and Canadian Tire, this property is ideal for investment, land banking or industrial development.

Listing contacts

Kirill Perelyguine
Royal LePage Real Estate Services
647-833-6542

Documents

Flyer - 2AC Wallaceburg storage land.pdf

Median household income (5-mile radius) 60,797

Renters occupied (5-mile radius) 29%

Num of competitors (5-mile radius) 4

Sq.Ft. per capita (1-mile radius) 6.47

5x5 unit average price $0

5x10 unit average price $70

10x10 unit average price $110

Room to expand yes

Rentable 24,000 SF

Year Built 2024

Analyze the location

Feasibility study

1. Property is zoned M1 - General Industrial, allowing for many industrial uses;
2. Property size is 2.27 AC, Maximum Lot Coverage: 60% (59,328SF), Maximum Open Storage: 15% (14,832SF)
3. Proposed plan for 24,000SF storage facility and portable storage containers was circled with the municipality and did not meet any objections.
4. Environmental Site assessment Phase 1 was completed in January 2023 and is clear.

Keywords
storage land self storage outside storage

Drive Time:

▣ 0-5 minutes
▣ 6-10 minutes
▣ 11-15 minutes
▣ 16-20 minutes

storage zoned land in growing area

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