191 KEIL DRIVE S, Chatham-Kent, Ontario, N7M 6J5

$3,899,000

MLS® # X12177198

Commercial For Sale In Chatham, Chatham-Kent, Ontario

$3,899,000

Property Information:

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. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 4262 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 4262 Square Feet
  • Irregular: Yes
  • Lot Depth: 298.2 Feet
  • Lot Frontage: 138.9 Feet
  • Lot Size: Bldg=138.98 x 298.18 FT
  • Zoning: M1-742

Courtesy of: HOMELIFE LANDMARK REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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