297 Grand Avenue

Chatham-Kent, N7L 1W8
FOR SALE
$199,000
297 Grand Avenue, Chatham-Kent
Commercial Retail
CATEGORY
1,500 Sq Ft
TOTAL AREA
X12720726
MLSID
Contact Us
Property Description
Well-established convenience store located on Chatham's main road with excellent visibility and steady traffic flow. This turnkey business offers a rare live-and-work opportunity, featuring a 3-bedroom residential apartment upstairs included in the rent. The store generates strong and consistent sales with annual gross revenue approximately $530,000-$540,000. Vape Volume approx. $70,000 and growing. Additional income streams include U-Haul commissions of approximately $15,000 annually, lotto commissions of about $20,000 per year, and ATM income of approximately $2,300 annually, Bitcoin revenue about $4200 providing multiple sources of revenue. Total monthly rent is $5,424, which includes both the convenience store and the spacious 3-bedroom apartment, making this an excellent value for owner-operators. Ideal opportunity for a family business or first-time buyer looking for stable cash flow in a prime location. Training can be provided to qualified buyers. Inventory extra. Financials available upon request to serious inquiries.
Property Details
Address
297 Grand Avenue
Community
Postal Code
N7L 1W8
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
HC1
Lot Size
125' x 100'
Total Area
1,500 Sq Ft
Retail Area
1,500 Sq Ft
Heat Type
None
Water
Municipal
Garage Type
None
Listing contracted with Homelife/Miracle Realty Ltd
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