85-89 King Street W Chatham, Ontario N7M 1C7
$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
Corry Christopher Van Iersel
Broker of Record
www.vancorgroup.com/
5-697 Coronation Blvd
Cambridge, Ontario N1R 3G5
(519) 242-0277
www.vancorgroup.com/