79 King Street West , Chatham, ON N7M1C7
Chatham, ON N7M1C7
Description
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! (id:13843)
Details
| MLS# | 25002778 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1900 |
| Days On Site | 45 |
| Listing Provided By | ROYAL LEPAGE PEIFER REALTY Brokerage | KRISTEN NEAD |
Features
| Zoning | UC (CBD) |
|---|---|
| Acreage | 0.06 |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Chatham |
| Postal Code | N7M1C7 |
| Listing VS Median (In N7M1C7) | |
Price: $425,000 low | high Med: $0 On site: 45 low | high Med: | |
