297 Grand AVENUE East, Chatham

$899,000

For sale: Other

Property type

Industrial

Year built

Built in 1990

MLS®

MLS® 26006422

High traffic corner locations like this are hard to acquire in Chatham, especially with ample parking and high visibility. This purpose built retail store with residence above offers endless possibilities for a live/work arrangement or just multi-purpose investment. The main level is approx. 1900 sq ft and is operating as a leased variety store. Potential higher uses could be a restaurant, professional office, clinic among many others permitted in the zoning. The entire second level was built as a residence with three bedrooms, two bathrooms, laundry and large open concept living and kitchen area. The paved parking lot provides approx. 12 parking spots in the front with additional parking in the rear for staff/residence. Convenience store tenant occupies entire building. Take a serious look at this location with many recent multi-million dollar retail improvements around it. Traffic lights are currently being installed at this intersection, potentially increasing the visibility even more.