425 PARK AVENUE W, Chatham-Kent (Chatham)

$795,000

For sale: Other

Other at 425 PARK AVENUE W, Chatham-Kent (Chatham)
Property type
Industrial
MLS®
MLS® X13061126
Neighbourhood
Chatham

Rare M1-zoned property in the heart of Chatham featuring an approximately 5,000 sq ft fully insulated commercial shop-the real standout-offering a 30x66 showroom, show-and-shine bay with 15'6" clearance, mechanic room, trailer storage, updated lighting, gas generator, and parking for 25 vehicles, paired with a 3,029 sq ft executive brick bungalow with 4 bedrooms, 3 bathrooms, open-concept main floor with gas fireplace, private primary suite with ensuite and walk-in closet, and a fully finished basement; currently operating as an artist and vendor marketplace with high-visibility Park Ave W frontage, walking distance to Sobeys and rail adjacency, giving you the flexibility to live, run your business, or generate multiple income streams-all on one M1-zoned parcel. One month to month tenant paying $1200/m

Sold data

Homes in Chatham-Kent (Chatham) — recent sold market

Homes in Chatham-Kent (Chatham) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 53, across 35 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $365,000.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 0% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$365,000
Sale-to-list ratio
96.3%
Sold above asking
0%

Based on 35 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 425 PARK AVENUE W