85-89 King Street W Chatham, Ontario N7M 1C7
$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:61445)
Property Details
| MLS® Number | 40743658 |
| Property Type | Retail |
Building
| BasementType | Full |
| StoriesTotal | 3 |
| SizeExterior | 7000.0000 |
| SizeInterior | 7000 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 183 Ft |
| SizeFrontage | 44 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Cbd |
https://www.realtor.ca/real-estate/28556312/85-89-king-street-w-chatham
Interested?
Contact us for more information
Corry Van Iersel
Broker
33-620 Davenport Rd
Waterloo, Ontario N2V 2C2
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October 17 2025 04:52:26
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