



$2,999,000
Chatham
595 ST CLAIR Street, Chatham, Ontario, N7L3L3
This industrial property in Chatham is for sale.
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:66096)
Long Listed: 112 days on market, against an average age of 76 days across the listings currently for sale in this city
This industrial in Chatham is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,999,000, about 43.8× the local median household income of $68,500.
Carrying it typically needs a household income of about $585,810 (20% down, 25-yr amortization, stress-tested) — roughly 755% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7L)
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