85-89 King Street W, Chatham, Ontario N7M 1C7

Listed for:
$675,000
0 beds
0 baths
Listed 38 days ago
85-89 King Street W, Chatham, Ontario N7M 1C7

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Learn more about this property
Listing provided by:
Vancor Realty Inc.
MLS® number:
40743658
Agent:
Corry Christopher Van Iersel
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About

King Street West An exciting investment and redevelopment opportunity in the heart of downtown Chatham! This solid, three-storey commercial building features two main-floor retail units with potential to reconfigure for a third storefront—ideal for maximizing rental income and street presence. The two upper floors offer generous square footage and are currently vacant, presenting a blank canvas for residential conversion for 6-8 units. With demand for downtown living on the rise, this property is perfectly positioned for apartment development or mixed-use expansion. Gross rent is $4380.00 for two commercial units. Seller may consider VTB options for a qualified buyer. (id:27476)

Property Highlights

MLS® Number
40743658
Type
Retail
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Storeys
3.00
Square Footage
7000 sqft
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location