ON > Chatham-kent > Chatham
Chatham-kent, ON N7M 6J5,191 Keil DR S
Chatham-kent, ON N7M 6J5,191 Keil DR S
Chatham-kent, ON N7M 6J5,191 Keil DR S
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$3,899,000
Est. payment /mo
4,262 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,262 sqft

Price per Sqft $914

Subdivision Chatham

MLS Listing ID X12177198

Annual Tax Amount $34,253

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 298.18

Lot Front 138.98

Property Description

An exceptional investment opportunity to acquire a strategic piece of property in a high-traffic area with stable high return. Almost 1 acre land features with gas bar, car wash, oil change since 2008, located in a very busy intersection. The property leased out with great tenant for 20 years long term agreement. Carefree ownership, rent income from day one. The capital rate is over 6.5%. CoC return is over 12% based on the 35% mortgage down payment.

Location

Province ON

County Chatham-kent

Community Chatham

Area Chatham-Kent

Zoning M1-742

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 138.98

Lot Depth 298.18

Others

Security Features Yes

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Listed by HOMELIFE LANDMARK REALTY INC.

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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