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83 King Street WEST, Chatham, ON, N7M 1C7

MLS® # 24024345
Commercial For Sale In Chatham, Ontario
$699,999
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
83 King Street West, Chatham, ON
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83 King Street WEST, Chatham, ON, N7M 1C7
$699,999

Property Information:

Low-maintenance investment property generating $42,889 in net operating income with room to grow on residential rents over time. This mixed-use building features 4 well-maintained apartments and 1 commercial unit.An exciting proposed development across the street will bring new stores and density, adding value to this already desirable location.Don’t miss out on this fantastic opportunity to invest in a growing area!

Property Features:

  • Bedrooms: 0
  • Acreage Info: N/A or Unknown
  • Built in: 1900
  • District: South West
  • Geocode Source: Manual
  • Heating Cooling: Forced Air, Furnace
  • IND Elevators: None
  • IND Parking: None
  • IND Power: VOLTS
  • IND Sq Footage: Office, Retail
  • IND Style: Multi-Storey
  • IND Type: Office(s), Retail
  • Major Area: Chatham City
  • Occupancy: Tenant
  • Property Is: Part Of Building
  • Property SubTypes: Office(s), Retail
  • PropertyType: Industrial/Commercial
  • Sewer Availability: At Lot Line
  • Showings:
  • Side Of Road: North
  • SiteInfluences: Public Transportation, Shopping Nearby, Visual Exposure
  • Sub District: S1
  • Tax Year:
  • Title: Freehold
  • Water Availability: Connected
  • Zoning: UC-CBD
  • Heating Fuel: Natural Gas
  • Water: Municipal Water
  • Sewer: Sanitary

Data provided by: Chatham-Kent Association of REALTORS® 252 Wellington St. W., Chatham, Ontario N7M 1K1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 83 King Street WEST, Chatham, ON, N7M 1C7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 83 King Street WEST, experiences 7 hot days per year at around 31.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 35.2 degrees Celsius.

Projected Avg. Temperature

Past
31.7℃
2050
35.2℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 83 King Street WEST, experiences 11 significant 2-day storms per year, with about 303.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 374.3mm of precipitation per year.

Precipitation Per Storm

Past
303.8mm
2050
374.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 83 King Street WEST, Chatham, ON, N7M 1C7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,932.61

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.72 %

High school certificate or equivalent

39.56 %

Apprenticeship trade certificate/diploma

3.84 %

College/non-university certificate

20.01 %

University certificate (below bachelor)

0.07 %

University Degree

9.8 %

Commuter

Travel To Work

By Car

85.72 %

By Public Transit

0.67 %

By Walking

9.51 %

By Bicycle

0.0 %

By Other Methods

4.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.98 %

Houses

53.02 %

Own Vs. Rent

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