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$7,500,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Chatham
MLS Listing ID X11882999
Annual Tax Amount $7,500,000
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 206.79
Lot Front 227.5
Property Description
Fantastic neighborhood commercial investment available for sale, at 420 Queen Street, Chatham, at the corner of Park Avenue & Queen Street with total square footage of 21,494 square feet, this well known property is anchored by Shoppers Drug Mart which has been at this location since it was constructed in 1980. Long-term lease in place with Shoppers Drug Mart with attractive returns. 6,000 sq. ft. of the building is currently vacant, previously occupied by Scotia Bank. This is also a perfect opportunity for retail or professionals to set up their business and become an investor. Well cared for since new, the building was updated in 2016 with a new membrane roof over the entire structure, brick faade repaired, repointed, and resealed, newly expanded and surfaced parking lot and mechanicals. Lots of parking, lot maintenance has been recently completed. Zoned UC(CC) which allows many uses including financial institution, **EXTRAS** retail store, temporary care facility, office, clinic and many more. A non-disclosure agreement is required prior to receiving any due diligence material.**CORNERSTONE WATERLOO REGION ASSO RE**
Location
Province ON
County Chatham-kent
Community Chatham
Area Chatham-Kent
Zoning UC(CC)
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 227.5
Lot Depth 206.79
Others
Security Features Yes
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Listed by Cushman & Wakefield Waterloo Re