191 Keil Drive

Chatham-Kent, N7M 6J5
FOR SALE
$3,899,000
191 Keil Drive, Chatham-Kent
191 Keil Drive
191 Keil Drive
191 Keil Drive
191 Keil Drive
191 Keil Drive
Commercial Retail
CATEGORY
4,262 Sq Ft
TOTAL AREA
X12177198
MLSID
Contact Us
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.
Property Details
Address
191 Keil Drive
Community
Postal Code
N7M 6J5
Property Type
Commercial Retail, Commercial Retail
Use
Highway Commercial
Zoning
M1-742
Lot Size
139' x 298'
Total Area
4,262 Sq Ft
Retail Area
900 Sq Ft
Acreage
0.9 Feet
Taxes
$34,253 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with Homelife Landmark Realty Inc.
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