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297 Grand Avenue

297 Grand Avenue

Chatham, Ontario

  • 3,704 sqft
  • Industrial
$899,000

High traffic corner locations like this are hard to acquire in Chatham, especially with ample parking and high visibility. This purpose built retail store with residence above offers endless possibilities for a live/work arrangement or just multi-purpose investment. The main level is approx. 1900 sq ft and is operating as a leased variety store. Potential higher uses could be a restaurant, professional office, clinic among many others permitted in the zoning. The entire second level was built as a residence with three bedrooms, two bathrooms, laundry and large open concept living and kitchen area. The paved parking lot provides approx. 12 parking spots in the front with additional parking in the rear for staff/residence. Convenience store tenant occupies entire building. Take a serious look at this location with many recent multi-million dollar retail improvements around it. Traffic lights are currently being installed at this intersection, potentially increasing the visibility even more.

Price History

Community

Postal area N7L

Population
25,127
Private dwellings
11,583
Median age
47.2
Average household size
2.2
Median household income
$68,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Industrial in Chatham · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of industrial properties in Chatham over the last 12 months.

Walk Score

53

Walk

44

Bike

Scores by Walk Score®

R

Reita | Assistant

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Reita said:

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