LOADING

202 King St W Chatham, Ontario N7M 1E5

Forced Air

$1,688,000

TOP OF THE LINE OFFICE FACILITY LOCATED ON THE MAIN STREET OF CHATHAM. THREE FLOORS OF 5000 SQ FT EACH WITH THE LOWER LEVEL LEASED THROUGH APRIL 2019. THERE IS ALSO A ROOF-TOP GARDEN ENTERTAINMENT AREA. ELEVATOR TO EACH FLOOR. FIBRE OPTIC CABLE ACCESS TO STATE OF THE ART HVAC SYSTEM WITH CUSTOM FRESH AIR INTAKE & 3 PHASE 600 AMP POWER SUPPLY. SECOND & THIRD FLOOR AVAILABLE AT $10 PER SQ FT PLUS $8.50 T.M.I. GREAT POTENTIAL FOR INCOME. THEY CAN SPLIT THE MAIN FLOOR IN 2 OR MORE OFFICES IF A TENANT WOULD LIKE TO LEASE HALF OF THE MAIN FLOOR. PARKING PRESENTLY FOR 18 CARS WITH ADDITIONAL PUBLIC PARKING AVAILABLE. LEASING WITH OPTION TO BUY IS AN OPTION. COMMERCIAL ZONING IS CHANGED TO MIX USE OF RESIDENTIAL/COMMERCIAL AND THERE IS A BUILDING PERMIT FOR RENOVATION AND CONTRUCTION OF 12 RESIDENTIAL UNITS. INVESTORS WANTED, TOTAL INVESTMENT IS $800-$900,000 FOR RENOVATION. SELLERS WILL CONSIDER ANY OFFER FOR LEASE, FOR SALE OR FOR PARTNERSHIP. (id:27077)

Business

Business Type Other
Business Sub Type Offices

Property Details

MLS® Number 365042002809900
Property Type Office
Neigbourhood Chatham
Amenities Near By Public Transit, Shopping
Features Visual Exposure

Building

Fire Protection Fire Alarm System, Alarm System, Sprinkler System-fire, Smoke Detectors
Fireplace Present No
Heating Fuel Electric, Natural Gas
Heating Type Forced Air
Stories Total 3
Type Offices
Utility Power Underground To House

Land

Acreage No
Land Amenities Public Transit, Shopping
Size Irregular 41' X 148'
Size Total Text 41' X 148'|under 1 Acre
Zoning Description Uc-cbd

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19237090

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Royal LePage Peifer Realty Brokerage
34 Raleigh St, P.o. Box 572
Chatham, ON N7M 5K6

(519) 354-5470
(519) 354-5747
www.royallepagechathamkent.com

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Chatham, ON