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For Sale - 188 PARK Street, Chatham, Ontario

Est payment $2,035/mo
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Time on Jump  71 day

AI Summary *

  • Mixed-use 5-unit building with investment potential in a prime location.
  • Two commercial units on the main floor available for lease.
  • Three residential units, including remodeled two-bedroom apartments ready for renting.
  • Includes an additional lot with a garage across the street.
  • Property sold as-is, offering flexibility for customization and leasing options.




Investors alert. Welcome to 188 park street chatham, presenting a mixed-use 5-unit building with an additional lot with a garage across the street. The building features two commercial units and 3 residential units. The main floor consists of two commercial units ready for lease and can be combined if bigger space is required & a 1 bedroom apartment at the rear of the building is awaiting your final touches. Upstairs presents two 2 bedroom recently and completely remodeled apartments waiting for you to set your own rent. 2 furnaces,2 acs, & hwt are owned, the property comes with an additional 53 ft x 39 ft lot with a garage across the street at 185 park street which is zoned as rl3. Two commercial units on the main floor are available for lease at $1200 a month, with water included. Seller doesn't make any representation or warranty, the property is being sold as it is.
Listing ID24024173
Address188 PARK Street
CityChatham, Ontario
Price$399,900
FlooringCushion or Lino or Vinyl
TypeIndustrial/Commercial
StatusFor Sale

Attachment Style Multi-UnitSubtype Residential, RetailApprox. Square Footage 800Acreage 0.086Inclusions FRIDGE & STOVEParking On SiteAmenities Highway Access, Public Transportation, Shopping NearbyOwnership FreeholdRental Equipment NoHeating / Cooling Central Air Conditioning, Forced Air, Furnace, Heat PumpHeating Fuel Natural GasUtility Power AMPSUtility Water Municipal WaterSewer Sanitary

Date Listed Oct 7, 2024Days on Market 75Parking Other, See Remarks
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Shannon Matheson

Shannon Matheson

Realtor®

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Listing Agency:  401 HOMES REALTY
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188 Park Street
Chatham , Ontario
$399,900
Get more info