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. |
Price | $3,899,000 |
Taxes: | $34253.26 |
Tax Type: | Annual |
Assessment Year: | 2025 |
Occupancy: | Owner+T |
Address: | 191 Keil Driv South , Chatham-Kent, N7M 6J5, Chatham-Kent |
Postal Code: | N7M 6J5 |
Province/State: | Chatham-Kent |
Legal Description: | PLAN 551 LOT 2 EXC RP, 24R5613 PART 1 EX |
Directions/Cross Streets: | Richmond St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 |
Category: | Highway Commercial |
Use: | Automotive Related |
Building Percentage: | T |
Total Area: | 4262.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Sprinklers: | Yes |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HOMELIFE LANDMARK REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Chatham-Kent |
Municipality: | Chatham-Kent |
Neighbourhood: | Chatham |
Tax: | $34,253.26 |
Fireplace: | N |