202 King St W Chatham ( Ontario, CA - N7M 1E5) Built

$1,688,000 CAD

ROYAL LEPAGE PEIFER REALTY Brokerage

BRIAN PEIFER BRIAN PEIFER (519) 436-2669 (Office) Request More Info

  • Type: Commercial
  • Style: Office
  • Garage/Parking: "Driveway: Paved, Parking: SURFACE PARKING."
  • Size: 15,000 sq. ft. "Square feet: 15,000 APPROX"
  • Lot Size: n/a "41` X 148`"
  • Taxes: $67,142.00 CAD (2017)
  • MLS ® #: 365042002809900

Description

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.
P2#1290255813
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Information is deemed to be correct but not guaranteed.

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