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.
Vancor Realty Inc.
$675,000
85-89 King Street W, Chatham, Ontario
0 Bedrooms
7000 Sqft
Property
MLS® Number: 40743658
Address: 85-89 King Street W
City: Chatham
Lot Size: 183.0ft x 44.5ft
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Property Sale History
Travel and Neighbourhood
89/100Walk Score®
Very Walkable
Location
