Price ChangeFor Sale

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

Commercial Retail
TRREB
MLS® Number: X12177198
$3,899,000List Price
Commercial RetailProperty Type
4,262 sq ftSize
$34,253.26 / 2024Taxes (Annual)
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PRICE CHANGED
$3,899,000
Previously Listed For:
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Property Location

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Listing History

Buy/sell history for 191 Keil Drive S, Chatham-Kent, ON N7M 6J5

0 Transactions by CPRB Agents

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$34,253.26 / 2024
Listing #:X12177198
Property Type:Commercial Retail
Size:4,262 sq ft
Land Size:138.98 x 298.18
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE LANDMARK REALTY INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Chatham
Municipality:Chatham-Kent

Building

Size:4,262 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Richmond St

$3,899,000

List price

191 Keil Drive S, Chatham-Kent – Commercial Retail for sale · MLS® # X12177198