An exceptional investment opportunity is in the heart of the very desirable downtown Chatham. This versatile, impeccably maintained, mixed-use property combines an established commercial tenancy with residential income. It is just steps from the Midtown Direct service, shops, restaurants, and everyday conveniences. The property offers an attractive opportunity for investors… Read More or owner-users. The historic building features architectural details, abundant natural light, and upgraded electrical and HVAC systems. A private driveway provides convenient delivery access to the retail spaces, while ample municipal parking enhances accessibility. The first floor includes five retail spaces, each extending front to back with direct driveway access. Each unit has a restroom, outdoor seating, and private basement storage. Long-term, established commercial tenants provide a strong existing income stream. The second floor features a large office suite with three rooms plus private and public restrooms and three residential apartments. The renovated seven-room, two-bath apartment offers hardwood floors, soaring ceilings, an open-concept living area, and a second bedroom/office. Two additional apartments offer sun-filled living spaces and two bedrooms. All residential units feature in-unit laundry. A rare opportunity to own a well-maintained, income-producing asset in one of Chatham's most desirable downtown locations. Read Less
Courtesy of WEICHERT REALTORS.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Square Ft.
10,252
Lot Size
0.17 Acres
Year Built
1910
MLS Number
4051228
30 Days Snapshot Of 07928
$1.52M
-21%
(avg) sold price
19
-13%
homes sold
62
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Walkout, Yes
Building
Built in 1910
Cooling
4+ Units
Exterior Features
Brick/Block, Composition Siding
Floors
Laminate, Wood
Water Features
Public Water
Heating
Gas-Natural, 4+ Units
Lot
Approximate Lot Size: 83X91, 0.17 acres, Corner
Property
10,252 sqft building, 9 units
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Tax Amount: $33,795, Tax Rate: 1.701
Utilities
Electric, Gas-Natural
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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