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$1,490,000
37 Days On Site

44 Fourth STREET
Chatham, ON N7M 2G2

For Sale|Industrial|Active
0
Beds
0
Total Baths
Call Now: 647-313-4314
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647-313-4314
44 Fourth STREET44 Fourth STREET44 Fourth STREET44 Fourth STREET
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Monthly Payment (Est.)

$6,798
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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:31684)

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Listing Snapshot
Price 
$1,490,000
Days On Site 
37 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
26017291
Status 
Active
Property Tax 
$24,355
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Property Sub Type 
Industrial
Zoning 
UC (CBD)
Interior Features
Cooling 
Central Air
Flooring 
ConcreteHardwood
Heating 
Forced AirElectricNatural Gas
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Listing courtesy of: PATRICK PINSONNEAULT of ROYAL LEPAGE PEIFER REALTY Brokerage

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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