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For Sale - 79 King Street, Chatham, Ontario

Est payment $2,174/mo
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Time on Jump  11 day

AI Summary *

  • Prime investment property in the heart of downtown Chatham.
  • Quality long-term tenants with approximately $1,615 in monthly rental income.
  • Versatile layout with commercial restaurant space and residential unit.
  • Owner covers utilities for residential tenant while commercial pays theirs.
  • Ample storage space available in the full basement accessed through the restaurant.




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 ID25002778
Address79 King Street
CityChatham, Ontario
Price$425,000
TypeIndustrial/Commercial
StatusFor Sale

Attachment Style Multi-Storey, Multi-UnitSubtype Investment Property, Office(s), RetailAcreage 0.062Parking On SiteAmenities High Traffic Location, Shopping NearbyOwnership FreeholdBuilding Amenities Window DisplayHeating / Cooling Forced AirHeating Fuel Natural GasUtility Power AMPSUtility Water Municipal WaterSewer Sanitary

Date Listed Feb 10, 2025Days on Market 13
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JUMP FEATURED AGENT

Jamie Kerr

Jamie Kerr

Realtor®

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Listing Agency:  ROYAL LEPAGE PEIFER REALTY Brokerage
Co-Listing Agency:  ROYAL LEPAGE PEIFER REALTY Brokerage
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79 King Street
Chatham , Ontario
$425,000
Get more info