191 Keil DR S Active

Chatham-kent,ON N7M 6J5

$ 3899000

- Bed

- Bath

4262 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,262 sqft

Price per Sqft $914

Subdivision Chatham

MLS Listing ID X12177198

Annual Tax Amount $34,253

Tax Year 2024

Property Sub-Type Commercial Retail

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.

Location

Province ON

County Chatham-kent

Community Chatham

Area Chatham-Kent

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 138.98

Lot Depth 298.18

Others

Security Features Yes

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