191 Keil Drive S, Chatham-Kent, ON N7M 6J5

Chatham-Kent N7M 6J5 Ontario

MLS: X12177198

$3,899,000

Added 9 days ago | For Sale

Listed by: HOMELIFE LANDMARK REALTY INC.

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 138.98 X 298.18
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Richmond St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $34253.26
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12177198

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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