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. Zoned UC(CC) Community Commercial which allows for many uses including financial institution, retail store, temporary care facility, office, clinic and many more. A non-disclosure agreement is required prior to receiving any due diligence material. 6,000 SF Unit also available for Lease.
CUSHMAN & WAKEFIELD WATERLOO REGION LTD.
$7,500,000
420 Queen Street, Chatham, Ontario
0 Bedrooms
Property
MLS® Number: 40678192
Address: 420 Queen Street
City: Chatham
Lot Size: 206.79ft x 227.5ft
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Property Sale History
Travel and Neighbourhood
80/100Walk Score®
Very Walkable
Location
