191 Keil Dr S
Chatham-Kent, N7M6J5
For Sale
$3,960,000
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Highway Commercial
CATEGORY0.90 Acres
TOTAL AREAX8068802
MLSIDContact Us
Property Description
An exceptional investment opportunity to acquire a strategic piece of property in a high-traffic area with great potential. Excellent visibility and accessibility in the main commercial and industrial core in the city, the surrounding development and booming increase the value of the property and bring in more business potential. Almost 1 acre land features with gas bar, car wash, oil change since 2008, the building area is around 4700 sqft. Double wall fiber glass tank, brank new pumps. The price is for property only, with two tenants, oil change tenants, Shell gas station with car wash tenant. The owner is willing to lease back gas station and car wash for a long term agreement, with paying utility and TMI. Buyer can easily get above 6% net capital rate. Worry free.
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Extras
Business is also available for purchase at extra cost. Gas volume is nearly 5M (6.4M before covid), with busy car wash. The owner has been running the business for 10 years, Shell Award-Winning dealer.
Property Details
Category
Highway Commercial
Zoning
M1-742
Total Area
0.90 Acres
Retail Area
1,000 Sq Ft
Lot Size
140' x 298'
Taxes
$32,524 (2023)
Air Conditioning
Yes
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Listing contracted with Homelife Landmark Realty Inc.
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