Description

Exploring portfolio expansion? Discover a prime commercial office at 330 Richmond Street, Chatham. 20,000 sq. ft. with 450+ ft. frontage on Richmond St., granting direct access to Highways 2 and 401. Nestled amidst successful car dealerships, this 2-storey building offers elevator access, 3 entrances, and 70 parking spaces across 2 lots. High-speed internet, shared floor bathrooms, and Urban Commercial zoning amplify its allure. Income report available on request; detailed finances post-accepted offer. Take a virtual tour for an immersive experience. (id:66096)

Property Details

MLS®: 26014081
Property Type: Industrial
Zoning: UC (HC1)
Interior Size: 20,000 ft²
Lot Size: 1.15 acres
Building Area: 20,000 ft²
Heating: Forced air, Natural gas
Cooling: Air Conditioned
Ownership: Freehold
Property Tax: $60,874/yr
Listed: 142 days ago

Features

Flooring: Carpeted, Cushion/Lino/Vinyl
Lot Features: Corner Site, Visual exposure

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

142d

Chatham listings, avg age

76d

Price / ft²

$83

List price

$1.65M

Haho

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Area context

Neighbourhood profile (N7M)

This home lists at $1,650,000, about 23.2× the local median household income of $71,000.

Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 354% above the area median.

Median household income: $71,000
Population: 25,579
Median age: 44
Owner / renter: 67% / 33%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N7M)

$1,650,000· $83/ft²

For sale

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Financing

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330 Richmond Street, Chatham - Industrial for Sale