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297 Grand Avenue Chatham-Kent, Ontario N7L 1W8

1500 sqft
Fully Air Conditioned No Heat

$199,000

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)

Property Details

MLS® Number X12720726
Property Type Retail
Community Name Chatham-Kent

Building

CoolingType Fully Air Conditioned
HeatingType No Heat
SizeInterior 1500 Sqft
UtilityWater Municipal Water

Land

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


Homelife/miracle Realty Ltd
20-470 Chrysler Drive
Brampton, Ontario L6S 0C1

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