Property
Type, style and structure
- Type
- commercial
- Style
- industrial / Industrial
- Ownership
- Freehold
- Year Built
- 1950





Property Snapshot
MLS #26016624
Type, style and structure
Land, frontage and setting
Price, taxes and monthly charges
This industrial in Chatham offers a 148.5 X IRR / 1.7 AC lot. Built in 1950. The home features natural gas heating.
Prime Commercial Investment & Development Opportunity -Exceptional opportunity to acquire a high-exposure commercial property on one of the busiest corridors in the City. Situated on over 1.7 acres of HC1-zoned land, this property offers outstanding visibility, excellent accessibility, and tremendous long-term development potential. The property features an approximately 8,700 sq. ft. fully leased commercial building comprised of four retail storefronts, providing an excellent rate of return with immediate income. The building underwent an extensive modernization approximately four years ago, offering updated finishes and minimizing future capital expenditures. With dual access points from St. Clair Street and Gregory Drive, ample on-site parking, and a substantial amount of excess land, the possibilities for expansion, redevelopment, or additional commercial uses are virtually endless (subject to applicable approvals). Ideally positioned near major national retailers and high-traffic commercial amenities, this is a rare opportunity for investors, developers, or owner-users seeking a premier commercial asset in a thriving location. All scheduled appointments are to be within business hours. (id:60351)
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Listed by ANNITA ZIMMERMAN, RE/MAX PREFERRED REALTY LTD.
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Listed by ANNITA ZIMMERMAN, RE/MAX PREFERRED REALTY LTD. · MLS# 26016624
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