191 Keil Drive
Chatham-Kent, N7M 6J5
FOR SALE
$3,899,000

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Commercial Retail
CATEGORY4,262 Sq Ft
TOTAL AREAX12177198
MLSIDContact 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.
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Property Details
Address
191 Keil Drive
Community
City
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
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Listing contracted with Homelife Landmark Realty Inc.
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