$1,490,000
A once-in-a-generation opportunity to own one of Chatham’s most unique landmark commercial properties, spanning an entire city block from Fourth Street through to Forsyth Street in the heart of the downtown core. Offering over 12,000 sq. ft. of versatile space, this exceptional property combines immediate rental income with outstanding redevelopment potential.The Fourth Street frontage features over 3,000 sq. ft. of commercial space currently occupied by established tenants including a hair salon, tattoo studio, and retail business, providing valuable income from day one.The expansive 6,500 sq. ft. main level, accessed from Forsyth Street, offers endless possibilities for future use. Imagine a wedding or event venue, restaurant, brewery, entertainment destination, specialty retail marketplace, church, fitness facility, professional offices, educational centre, community organization, or countless other commercial ventures. Rich architectural character throughout creates a space unlike anything else available in the region.Above, approximately 2,500 sq. ft. of unfinished space is ready to become an impressive executive residence, luxury loft, or high-end Airbnb (subject to municipal approvals), adding even more long-term value.The property also includes its own private paved parking lot, a rare and highly desirable feature for a downtown property of this size. Located in the heart of Chatham’s ongoing downtown revitalization, with the new City Hall helping drive continued investment and activity in the core, this property is ideally positioned to benefit from the area’s exciting future.Whether you’re an investor, entrepreneur, developer, or organization seeking a signature location, this landmark property offers unmatched flexibility, character, income potential, and vision. The historic 1888 Brunswick bar is negotiable and may be included with the right offer. (id:5764)
26017291
MLS® #
44 Fourth Street, Chatham
Listing courtesy of ROYAL LEPAGE PEIFER REALTY Brokerage.
