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Renanza Realty
For sale

297 Grand AVENUE East

Chatham, Ontario

MLS® 26006422

$899,000

Status
Active
Property type
Industrial
MLS® number
26006422
Bedrooms
Bathrooms
Year built
1990

Listing description

High traffic corner locations like this are hard to acquire in Chatham, especially with ample parking and high visibility. This purpose built retail store with residence above offers endless possibilities for a live/work arrangement or just multi-purpose investment. The main level is approx.

1900 sq ft and is operating as a leased variety store. Potential higher uses could be a restaurant, professional office, clinic among many others permitted in the zoning. The entire second level was built as a residence with three bedrooms, two bathrooms, laundry and large open concept living and kitchen area.

The paved parking lot provides approx. 12 parking spots in the front with additional parking in the rear for staff/residence. Convenience store tenant occupies entire building.

Take a serious look at this location with many recent multi-million dollar retail improvements around it. Traffic lights are currently being installed at this intersection, potentially increasing the visibility even more.

Property summary

MLS® number
26006422
Property type
Industrial
Building type
House
Square footage
3,704 sq ft
Title
Freehold
Land size
125 X / 0.345 AC
Built in
1990
Annual property taxes
$13,051.00
Days on market
178 days

What would this home cost you?

Based on the $899,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,183 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE PEIFER REALTY, Brokerage, CHATHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.