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

7,000 ft2

$750,000

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. (id:50886)

Property Details

MLS® Number 40743658
Property Type Retail

Building

Basement Type Full
Stories Total 3
Size Exterior 7000.0000
Size Interior 7,000 Ft2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 183 Ft
Size Frontage 44 Ft
Size Total Text Under 1/2 Acre
Zoning Description Cbd

https://www.realtor.ca/real-estate/28556312/85-89-king-street-w-chatham

Contact Us

Contact us for more information

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Corry Christopher Van Iersel
Broker of Record

(519) 242-0277
www.vancorgroup.com/

Vancor Realty Inc.
5-697 Coronation Blvd
Cambridge, Ontario N1R 3G5

(519) 242-0277
www.vancorgroup.com/

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