85-89 King Street W Active

Chatham,ON N7M 1C7

$ 750000

0 Bed

- Bath

7000 SqFt


Key Details

Property Type Commercial

Sub Type Retail,Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $107

MLS Listing ID 40743658

Abv Grd Liv Area 7,000

Annual Tax Amount $15,912

Property Sub-Type Retail,Building Only

Source Waterloo Region

Lot Depth 183.0

Lot Front 44.5

Property Description

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.

Location

Province ON

County Chatham-kent

Area Chatham

Zoning CBD

Direction King Street West

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 44.5

Lot Depth 183.0

Garage No

Building

Lot Description Other

Faces King Street West

Story 3

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

New Construction No

Others

Senior Community false

Tax ID 005040042

Ownership Freehold/None

View More
Favorite Go Tour