For Sale

$449,900

79 King Street West, Chatham, ON N7M1C7

0 Beds

Remarks

Welcome to 79 King Street West – the Historic "Nichol Block"Nestled in the heart of downtown Chatham, this is a rare chance to own a prime investment property in a dynamic and evolving area with exciting development opportunities on the horizon. Owned by the same family for over 60 years, this property boasts quality long-term tenants and generates approximately $1,615 in monthly rental income. The building features a versatile layout: the ground floor houses a commercial restaurant space, while the upper unit serves as a residential space. Utilities are currently covered by the owner for the residential tenant and paid by the tenant in the lower commercial unit. A full basement, accessible through the restaurant, offers ample storage space. Don’t miss this unique opportunity to invest in a vibrant and growing downtown core!

Property Summary

  • Built in: 1900
  • Bedrooms: 0
  • Zoning: UC (CBD)

Property Features:

  • Acreage Info:
    N/A or Unknown
  • District:
    South West
  • Geocode Source:
    Google
  • Heating Cooling:
    Forced Air
  • Heating Fuel:
    Natural Gas
  • IND Amenities:
    Window Display
  • IND Elevators:
    None
  • IND Parking:
    On Site
  • IND Power:
    AMPS
  • IND Rental Equipment:
    No
  • IND Sq Footage:
    Office , Retail
  • IND Style:
    Multi-Storey , Multi-Unit
  • IND Type:
    Office(s) , Retail
  • Major Area:
    Chatham City
  • Occupancy:
    Tenant
  • Property Is:
    Building & Land
  • Property SubTypes:
    Office(s) , Retail
  • PropertyType:
    Industrial/Commercial
  • Sewer:
    Sanitary
  • Sewer Availability:
    Connected
  • Showings:
    []
  • Side Of Road:
    North
  • Sub District:
    S1
  • Tax Year:
    []
  • Title:
    Freehold
  • Water:
    Municipal Water
  • Water Availability:
    Connected

Office Listing: 

Amber Pinsonneault - Broker of Record

Lifestyle
Neighbourhood Info
Kristen Nead

Kristen Nead

Broker/Manager

Phone:  519.354.5470

Cell:  519.784.7653

Amber Pinsonneault

Amber Pinsonneault

Broker of Record

Phone:  519.354.5470

Cell:  519.784.5310

Fax:  519.352.9481

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Royal LePage Peifer Realty, Brokerage (Independently owned and operated)

425 McNaughton AVENUE WEST
Chatham,  ON N7L 4K4

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