40 Richmond Street, Chatham, Ontario N7M 1N6

HEAD EAST ON RICMOND STREET, 1 BLOCK WEST OF QUEEN STREET. ATTENTION INVESTORS/LANDLORDS/BUSINESS OWNERS! CORNER LOT(S) WITH ALMOST 200' FRONTAGE ON RICHMOND STREET! ENTIRE PROPERTY CONSIST OF A LARGE PLAZA WITH APPROX 8 APTS, SOME COMMERICIAL SPACE AND OWNERS QUARTERS. EXTREMELY LARGE OWNERS QUARTERS COMPRISING OF 3 BR, 4 BATHS, 2 KITCHENS, FORMAL DINING, OFFICE, INDOOR POOL, HOT TUB, SAUNA AND MUCH MORE. BALANCE ARE 5 SINGLE FAMILY DWELLINGS. RARE OPPORTUNITY TO AQUIRE 6 COMMERICIAL PROPERTIES, MAJORITY BEING CURRENTLY RENTED OUT AS RESIDENTIAL WITH SOME COMMERICIAL SPACE AVAILABLE. PROPERTY COMPRISING OF APPOX. .63 ACRES IN TOTAL. THIS PROPERTY IS CLOSE TO THE DOWNTOWN AREA ON ONE OF CHATHAM'S MAJOR STREETS OFFERING GREAT PUBLIC EXPOSURE TO ANY BUSINESS OR OFFICE. THIS IS A ONE OF A KIND PARCEL BEING OFFERED TODAY. CONTACT LISTING AGENT FOR FURTHER DETAILS. (id:27476)

For sale is a unique property with freehold ownership, making it an ideal investment opportunity for landlords, business owners, and investors. Situated on a corner lot, the property boasts nearly 200' of frontage on Richmond Street, offering excellent public exposure for any business or office located on the premises.

The property consists of a large plaza with approximately 8 apartments, along with some commercial space and an owner's quarters. The owner's quarters are exceptionally spacious, featuring 3 bedrooms, 4 bathrooms, 2 kitchens, a formal dining area, an office, an indoor pool, hot tub, sauna, and more. Additionally, there are 5 single-family dwellings on the property, providing a diverse range of rental opportunities.

This is a rare chance to acquire 6 commercial properties, the majority of which are currently rented out as residential units, with some commercial space still available. The total land size of the property is approximately 0.63 acres, offering ample space for further development or expansion.

Located in the city of Chatham, Ontario, this property is conveniently situated near the downtown area, making it an attractive location for businesses and residents alike. This one-of-a-kind parcel presents a unique opportunity for interested buyers. For further details, please contact the listing agent.

Property Details:

- Land Size: 0.63 acres

- Address: 40 Richmond Street, Chatham, Ontario, N7M1N6

- Property Type: House