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$ 4,750,000
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Chatham
MLS Listing ID X12649790
Annual Tax Amount $71,672
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Front 40.73
Property Description
Canadian Commercial Realty Inc. is pleased to offer for sale, on behalf of the Vendor, 787 St. Clair Street in Chatham, Ontario (the "Property"). Formerly occupied by Peavey Mart, this 32,912 square foot freestanding retail building sits on a 5.10-acre parcel within an established big-box retail node anchored by Real Canadian Superstore. Approximately 9,000 square feet of the building is currently leased, providing in-place income, with the balance of the building available for occupancy.The Property is located on the north end of Chatham within one of the City's primary retail corridors, in close proximity to Walmart, Home Depot, LCBO, Dollarama, and many other national and regional retailers and service-oriented businesses. The primary Peavey Mart space was built in 2006/2007, with the original building dating from 1981-1983 and a later addition completed in 2013/2014. The building features clear heights up to 15', multiple loading doors including dock and grade-level access, and two secured, fenced outdoor storage areas.Zoned UC (HC1)-371 - Highway Commercial First Density, the Property permits a broad range of commercial and employment uses, and the well-configured building and site layout make it appealing to owner-occupiers and investors seeking a flexible, large-format commercial property.
Location
Province ON
County Chatham-kent
Community Chatham
Area Chatham-Kent
Zoning UC(HC1)-371 Highway Commercial First Density
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 40.73
Others
Security Features Yes
ParcelsYN No
Listed by CANADIAN COMMERCIAL REALTY INC
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