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

7,000 ft2

$675,000

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. Seller may consider VTB options for a qualified buyer. (id:49203)

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

Generating Captcha

Corry Christopher Van Iersel
Broker of Record

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

Vancor Realty Inc.
1425 Bishop St. N. Unit 1
Cambridge, Ontario N1R 6J9

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

Dekker Team
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.