More Photos More Photos

view of snowy aerial view Features: residential view

aerial view featuring a water view Features: city view, water view

washroom featuring cabinets, light wood-type flooring, crown molding, and washer / dryer Features: laundry, crown molding, refrigerator, hardwood floor, washer dryer

hallway featuring hardwood / wood-style floors Features: hardwood floor, smoke carbon monoxide detector

kitchen featuring white cabinetry, white appliances, and ornamental molding Features: crown molding, butcher block countertops, microwave, refrigerator, white cabinets, sink, ceiling fan, raised cabinets

kitchen featuring white cabinetry, refrigerator, and ornamental molding Features: vent, crown molding, refrigerator, smoke carbon monoxide detector, microwave, white cabinets

kitchen featuring tasteful backsplash, white cabinetry, white appliances, and ornamental molding Features: refrigerator, raised cabinets, range oven, dishwasher, crown molding, hardwood floor, white cabinets, sink, countertops, backsplash

laundry area featuring washer / dryer Features: refrigerator, washer dryer, laundry

full bathroom with vanity, tile patterned flooring, toilet, shower / bathtub combination with curtain, and tasteful backsplash Features: backsplash, tile floor, combined bath shower, tile wall, toilet, mirror, vanity, sink

bathroom featuring sink and backsplash Features: range oven, sink, mirror, backsplash

interior space with wood-type flooring and crown molding Features: crown molding, tv, hardwood floor

view of entrance to property Features: tv, vent

living room with hardwood / wood-style floors Features: tv, hardwood floor, vent

living room with ornamental molding and hardwood / wood-style flooring Features: crown molding, tv, hardwood floor

interior space with light hardwood / wood-style flooring Features: hardwood floor

dining area featuring hardwood / wood-style floors Features: vent, hardwood floor

dining space featuring crown molding and wood-type flooring Features: hardwood floor, tv, crown molding

living room featuring wood-type flooring and ornamental molding Features: smoke carbon monoxide detector, hardwood floor, crown molding

bedroom featuring hardwood / wood-style flooring Features: vent, hardwood floor

bedroom featuring hardwood / wood-style flooring and ornamental molding Features: vent, hardwood floor, crown molding

bedroom featuring hardwood / wood-style floors Features: hardwood floor

sitting room with wood-type flooring and ornamental molding Features: crown molding, vent, hardwood floor

dining area featuring hardwood / wood-style flooring and a drop ceiling Features: drop ceiling, hardwood floor

dining space featuring a paneled ceiling and hardwood / wood-style flooring Features: hardwood floor, vent, drop ceiling

bar with dark hardwood / wood-style floors and decorative light fixtures Features: countertops, hardwood floor, open shelves, drop ceiling, pendant lighting, indoor bar

interior space featuring pendant lighting, dark hardwood / wood-style flooring, white cabinetry, and ceiling fan Features: pendant lighting, drop ceiling, countertops, hardwood floor, white cabinets, ceiling fan

bar featuring white cabinets, dark hardwood / wood-style flooring, and hanging light fixtures Features: white cabinets, indoor bar, hardwood floor, countertops, open shelves, vent, pendant lighting

bar with pendant lighting, dark hardwood / wood-style flooring, and a drop ceiling Features: drop ceiling, pendant lighting, hardwood floor, fire extinguisher

hall featuring light tile patterned floors and a drop ceiling Features: drop ceiling, tile floor, sink

bathroom with crown molding, a drop ceiling, and toilet Features: vent, mirror, toilet, sink, crown molding, drop ceiling

bathroom with toilet Features: vent, drop ceiling, toilet

bathroom featuring a textured ceiling, crown molding, and sink Features: sink, mirror, crown molding, textured ceiling

interior space with a paneled ceiling Features: drop ceiling, vent, refrigerator

kitchen with a paneled ceiling and white refrigerator Features: drop ceiling, refrigerator, open shelves, tile floor

kitchen with a drop ceiling, ventilation hood, light tile patterned floors, white fridge, and white cabinetry Features: shaker cabinets, tile floor, drop ceiling, tv, natural light, countertops, range hood, white cabinets, refrigerator

kitchen with a paneled ceiling, white cabinets, and white fridge Features: drop ceiling, countertops, refrigerator, natural light, white cabinets, shaker cabinets, microwave

kitchen with stainless steel range, premium range hood, and sink Features: drop ceiling, range oven, natural light, range hood, sink

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For Sale - 79 King Street, Chatham, Ontario

79 King Street

Chatham , Ontario

$449,900

Est payment $2,301/mo

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Time on Jump 34 day

AI Summary *

Rare investment opportunity in downtown Chatham's historic Nichol Block.
Generates about $1,615 monthly rental income from quality long-term tenants.
Ground floor features a commercial restaurant space for potential business ventures.
Upper unit designed for residential living, providing versatile usage.
Full basement offers plenty of storage space for added convenience.

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Down Payment:
$ 22,495 ( 5% )

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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!

Listing ID24029417

Address79 King Street

CityChatham, Ontario

Price$449,900

TypeIndustrial/Commercial

StatusFor Sale

Extras

Attachment Style Multi-Storey, Multi-UnitSubtype Office(s), RetailAcreage 0.062Inclusions Hot Water Tank x2 Owned By SellerParking On SiteOwnership FreeholdRental Equipment NoBuilding Amenities Window DisplayHeating / Cooling Forced AirHeating Fuel Natural GasUtility Power AMPSUtility Water Municipal WaterSewer Sanitary

Market Info

Date Listed Dec 17, 2024Days on Market 36

Listing Agency:
ROYAL LEPAGE PEIFER REALTY Brokerage

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Megan Del Gatto

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Listing Agency:
ROYAL LEPAGE PEIFER REALTY Brokerage

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For Sale - 79 King Street, Chatham, Ontario

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