79 King Street West Chatham, ON
PROPERTY INFO
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! See Floor plan for all measurements (id:4555)
PROPERTY SPECS
Listing ID 25000018
Address 79 King STREET West
City Chatham, ON
Price $425,000
Bed / Bath 1 / 1 Full
Construction Brick
Flooring Carpeted, Ceramic/Porcelain, Cushion/Lino/Vinyl, Laminate
Land Size 20XIrregular
Type House
Status For sale
EXTENDED FEATURES
Year Built 1900Features Mutual DrivewayOwnership FreeholdFoundation BlockHeating Forced airHeating Fuel Natural gas Date Listed 2025-02-12 21:01:32Days on Market 10
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LISTING OFFICE:
Royal Lepage Peifer Realty Brokerage, Amber Pinsonneault
