Chatham-kent, ON N7M 2J2,420 QUEEN ST
$7,500,000
Est. payment /mo
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420 QUEEN ST Chatham-kent, ON N7M 2J2

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UPDATED:

12/05/2024 07:13 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11882999

Annual Tax Amount $7,500,000

Tax Year 2024

Property Description

Fantastic neighborhood commercial investment available for sale, at 420 Queen Street, Chatham, at the corner of Park Avenue & Queen Street with total square footage of 21,494 square feet, this well known property is anchored by Shoppers Drug Mart which has been at this location since it was constructed in 1980. Long-term lease in place with Shoppers Drug Mart with attractive returns. 6,000 sq. ft. of the building is currently vacant, previously occupied by Scotia Bank. This is also a perfect opportunity for retail or professionals to set up their business and become an investor. Well cared for since new, the building was updated in 2016 with a new membrane roof over the entire structure, brick faade repaired, repointed, and resealed, newly expanded and surfaced parking lot and mechanicals. Lots of parking, lot maintenance has been recently completed. Zoned UC(CC) which allows many uses including financial institution,

Location

Province ON

County Chatham-kent

Community Chatham

Area Chatham-Kent

Zoning UC(CC)

Region Chatham

City Region Chatham

Interior

Cooling Yes

Exterior

Utilities Available Available

Others

Security Features Yes


Listed by Cushman & Wakefield Waterloo Re

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Nisha K Pawa

+1(416) 894-7948

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420 QUEEN ST