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For Sale - 420 Queen Street, Chatham, Ontario

Est payment $38,161/mo
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Time on Jump  25 day

AI Summary *

  • Prime commercial investment in a well-known neighborhood.
  • Anchor tenant Shopper's Drug Mart with long-term lease for stability.
  • 6,000 sq. ft. currently vacant, ideal for new retail or professional businesses.
  • Building updated in 2016 with a new roof and parking improvements.
  • Ample on-site parking available for customers and staff.




Fantastic neighborhood commercial investment opportunity available for sale, located at 420 queen street in chatham, at the corner of park avenue and queen street. With a tot square footage of 21,494 square feet this well known property is anchored by shopper's drug mart which has been at this location since it was constructed in 1980. Long-term lease in ace with shopper's drug mart with attractive returns. 6,000 sq. Ft. Of the building is currently vacant, previously occupied by scotia bank. This is also a perfect opportunity for retail or professionals to set up their business and become an investor. Well cared for since new, the building was updated in 2016 with a new membrane roof over the entire structure, brick facade repaired, repointed, and resealed, newly expanded and surfaced parking lot and mechanicals. Lots of on-site parking, lot maintenance has been recently completed.
Listing ID24028427
Address420 Queen Street
CityChatham, Ontario
Price$7,500,000
TypeIndustrial/Commercial
StatusFor Sale

Attachment Style Multi-UnitSubtype RetailApprox. Square Footage 21494Acreage 0.997Inclusions Other, See RemarksParking On SiteAmenities Corner Site, Shopping NearbyOwnership FreeholdHeating / Cooling Forced AirHeating Fuel ElectricUtility Power AMPSUtility Water Municipal WaterSewer Sanitary

Date Listed Nov 15, 2024Days on Market 37
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JUMP FEATURED AGENT

Samuel Abraham

Samuel Abraham

Realtor®

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Listing Agency:  Cushman & Wakefield Waterloo Region Ltd. (WRAR)
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420 Queen Street
Chatham , Ontario
$7,500,000
Get more info