145 Queen St - Storefront FOR SALE


Chatham, ON N7M 2G7
$750,000 CAD
519-333-7899
145 Queen St, Chatham, ON for Sale
$750,000 CAD
Storefront - FOR SALE
1/4
null | Request Cap Rate

145 Queen St
Chatham, ON N7M 2G7


HIGHLIGHTS

  • Well maintained building just off main street - over 100 years at current location as a cleaning company (brand identity)
  • Customer parking on-site and road
  • 600 amp service, metal roof with annual maintenance contract, new front windows, plumbing copper & ABS, two high pressure steam boilers
  • The site comprises approximately 0.13 acres

OVERVIEW

Opportunity to purchase established dry cleaning and laundry business (101years with same family ownership). Company operates from original location. It provides a range of cleaning services, dry cleaning, wet cleaning, laundry, alternations and some suede and leather cleaning - residential and commercial customers. Sales revenues grew in each of the past few years. New ownership can continue repositioning the company to become a regional textile care center - garments, textiles and restoration specialists. Company has a 5,000 sq ft building on 0.171 acres. Parking lot paved with 4-5 parking spaces. Loading Bay - Site zoned UC (CBD). There is a 600-volt electrical service mostly stepped down to 240 volt three phase. There is also a 240 volt single phase line. There are two high pressure steam boilers powered by natural gas, one at 15 hp and the other at 25 hp. Roof is metal and sprayed with an annual maintenance contract. Outside of building was painted in 2025. Additional information available to qualified buyers with a signed NDA.

FOR SALE DETAILS

PRICE

$750,000 CAD

PRICE/SF

$150 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,484 SF

ZONING

UC (CBD)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

George MallayColdwell Banker Southwest RealtyMore Info
519-333-7899

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George MallayColdwell Banker Southwest RealtyMore Info
519-333-7899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.