595 ST CLAIR STREET - $2,999,000.00

595 ST CLAIR STREET,Chatham - $2,999,000 - Directions


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Property Specs

Price$2,999,000.00
CityChatham, ON
Address595 ST CLAIR STREET
Listing ID26016624
Land Size148.5 X IRR / 1.7 AC
StatusFor sale

Extended Features:

Ownership FreeholdHeating Fuel Natural gas

Details:

Prime Commercial Investment & Development Opportunity -Exceptional opportunity to acquire a high-exposure commercial property on one of the busiest corridors in the City. Situated on over 1.7 acres of HC1-zoned land, this property offers outstanding visibility, excellent accessibility, and tremendous long-term development potential. The property features an approximately 8,700 sq. ft. fully leased commercial building comprised of four retail storefronts, providing an excellent rate of return with immediate income. The building underwent an extensive modernization approximately four years ago, offering updated finishes and minimizing future capital expenditures. With dual access points from St. Clair Street and Gregory Drive, ample on-site parking, and a substantial amount of excess land, the possibilities for expansion, redevelopment, or additional commercial uses are virtually endless (subject to applicable approvals). Ideally positioned near major national retailers and high-traffic commercial amenities, this is a rare opportunity for investors, developers, or owner-users seeking a premier commercial asset in a thriving location. All scheduled appointments are to be within business hours. (id:4555)
LISTING OFFICE:
Remax Preferred Realty Ltd., Candice Oliveira
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