1/8750 RICHMOND STREET, Chatham
750 RICHMOND STREET, Chatham, ON N7M5J5
$14.5 per sq ft / yr
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
100%
Year Built
1940
Clear height
28 ft
Loading docks
12
About this property
This versatile 5,290 sq. ft. commercial space offers an excellent opportunity for a variety of business uses. Ideally located on a major roadway with convenient access to key highways, the property is situated within a modern building surrounded by other thriving businesses. The open-concept layout features exposed ceilings, level concrete floors, two ground-level loading doors, a bathroom, 19.5 ft. clear height to the deck, and radiant heat. The flexible space can be adapted to suit a tenant’s specific needs, with the owner willing to complete renovations to accommodate the intended use. Offering immediate possession and a gross lease structure, this property provides a convenient and flexible leasing opportunity for businesses looking for functional space in a well-connected location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
4.52%
DSCR
1.24
Going-in cap
6.90%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
107,750
Households
44,190
Median income
$127,000
Median age
39.8
Daytime population
124,832
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 750 RICHMOND STREET, Chatham.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.