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145 Queen St 5,000 SF Retail Building Chatham, ON N7M 2G7 $466,763 USD ($93.35 USD/SF)
Investment Highlights
- Well maintained building just off main street - over 100 years at current location as a cleaning company (brand identity)
- 600 amp service, metal roof with annual maintenance contract, new front windows, plumbing copper & ABS, two high pressure steam boilers
- Customer parking on-site and road
- The site comprises approximately 0.13 acres
Executive Summary
Opportunity to purchase established dry cleaning and laundry business (101years with same family ownership). Company operates from original location. It provides a range of cleaning services, dry cleaning, wet cleaning, laundry, alternations and some suede and leather cleaning - residential and commercial customers. Sales revenues grew in each of the past few years. New ownership can continue repositioning the company to become a regional textile care center - garments, textiles and restoration specialists. Company has a 5,000 sq ft building on 0.171 acres. Parking lot paved with 4-5 parking spaces. Loading Bay - Site zoned UC (CBD). There is a 600-volt electrical service mostly stepped down to 240 volt three phase. There is also a 240 volt single phase line. There are two high pressure steam boilers powered by natural gas, one at 15 hp and the other at 25 hp. Roof is metal and sprayed with an annual maintenance contract. Outside of building was painted in 2025. Additional information available to qualified buyers with a signed NDA.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1924/2022
Price
$466,763 USD
Price Per SF
$93.35 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.13 AC
Zoning
UC (CBD) - Urban commercial
Parking
5 Spaces (1 Spaces per 1,000 SF Leased)
About 145 QUEEN ST , CHATHAM, ON N7M 2G7
Company has a 5,000 sq ft building on 0.171 acres. Parking lot paved with 4-5 parking spaces. Loading Bay - Site zoned UC (CBD). There is a 600-volt electrical service mostly stepped down to 240 volt three phase. There is also a 240 volt single phase line. There are two high pressure steam boilers powered by natural gas, one at 15 hp and the other at 25 hp. Roof is metal and sprayed with an annual maintenance contract. Outside of building was painted in 2025. Additional information available to qualified buyers with a signed NDA.
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 5
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145 Queen St
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