185 Grand Av W - Medical FOR SALE


Chatham, ON N7L 1C2
$1,299,000 CAD
416-620-2889
185 Grand Av W, Chatham, ON for Sale
$1,299,000 CAD
Medical - FOR SALE
1/10
null | Request Cap Rate

185 Grand Av W
Chatham, ON N7L 1C2


HIGHLIGHTS

  • Mix of open workspace and nine dental operatory rooms.
  • Neighboring lot at 197 W Grand is included - currently a parking lot.

OVERVIEW

Colliers is pleased to present for sale 185 Grand Ave W, Chatham (the “Property”), a boutique office building with 7,500 SF of office space located in Chatham, Ontario, being sold in conjunction with 197 Grand Ave W, currently being used as additional parking. The subject property is ideally located in the heart of Chatham along a high-visibility commercial corridor, offering excellent access to surrounding neighbourhoods and major roadways. This fully tenanted, freestanding corner building features a blue-chip anchor tenant and a recently upgraded exterior, enhancing both curb appeal and longterm value, presenting an exceptional opportunity for an investor seeking stable income in a growing city.

FOR SALE DETAILS

PRICE

$1,299,000 CAD

PRICE/SF

$173 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

HC1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jaiveer KaberwalColliersMore Info
416-620-2889

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Jaiveer KaberwalColliersMore Info
416-620-2889

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