247 Chatham STREET South, Blenheim, Ontario, N0P1A0

Property Description

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:64974)

Quick Facts

• Property Type: Agriculture
• Bedrooms: 0
• Bathrooms: None
• Ownership: Freehold

Costs

• Annual Taxes: $1,910.00 (2025)

Listing Provided by: ROYAL LEPAGE PEIFER REALTY Brokerage
Board: Chatham Kent Association of REALTORS®
Data provided via CREA DDF®.