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191 Keil Drive S Chatham-Kent, Ontario N7M 6J5

4262 sqft
Fully Air Conditioned Forced Air

$3,899,000

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. (id:60365)

Business

BusinessType Automobile
BusinessSubType Automotive

Property Details

MLS® Number X12177198
Property Type Retail
Community Name Chatham

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 4262 Sqft
SizeInterior 4262 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 298 Ft ,2 In
SizeFrontage 138 Ft ,11 In
SizeIrregular Bldg=138.98 X 298.18 Ft
SizeTotalText Bldg=138.98 X 298.18 Ft
ZoningDescription M1-742

https://www.realtor.ca/real-estate/28375043/191-keil-drive-s-chatham-kent-chatham-chatham

Linda Liu
Salesperson


Homelife Landmark Realty Inc.
7240 Woodbine Ave Unit 103
Markham, Ontario L3R 1A4

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