79 King STREET West - $425,000.00
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79 King STREET West,Chatham - $425,000 - Directions
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| MLS #: | 25002778 | Price: | $425,000.00 | Online: | https://www.tri ciaweese.com/pr operty-27904424 |
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Property Specs
Price$425,000.00
CityChatham, ON
Address79 King STREET West
Listing ID25002778
Land Size0.062
StatusFor sale
Extended Features:
Ownership FreeholdHeating Forced airHeating Fuel Natural gas
Details:
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:4555)
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top LISTING OFFICE:
Royal Lepage Peifer Realty Brokerage, Amber Pinsonneault