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$ 2,999,000
Est. payment /mo
Active
595 ST CLAIR Street Chatham, ON N7L 3L3
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment Property,Plaza,Restaurant
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26016624
Construction Status Approximate
Year Built 1950
Annual Tax Amount $50,736
Tax Year 2025
Property Sub-Type Investment Property,Plaza,Restaurant
Source WESC
Property Description
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.
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.
Location
Province ON
Zoning UC(HC1)
Interior
Heating HVAC
Cooling HVAC
Building
Sewer Sanitary
Construction Status Approximate
Listed by RE/MAX PREFERRED REALTY LTD.