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. 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, 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. (id:60365)
| MLS® Number | X12720726 |
| Property Type | Retail |
| Community Name | Chatham-Kent |
| CoolingType | Fully Air Conditioned |
| HeatingType | No Heat |
| SizeInterior | 1500 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 100 Ft |
| SizeFrontage | 125 Ft |
| SizeIrregular | 125 X 100 Ft |
| SizeTotalText | 125 X 100 Ft |
| ZoningDescription | Hc1 |
https://www.realtor.ca/real-estate/29279539/297-grand-avenue-chatham-kent-chatham-kent
Sanju Patel
Broker