191 Keil Drive S Chatham-Kent (Chatham), Ontario N7M 6J5
$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:41954)
Business
| Business Type | Automobile |
| Business Sub Type | Automotive |
Property Details
| MLS® Number | X12177198 |
| Property Type | Retail |
| Community Name | Chatham |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 4262 Sqft |
| Size Interior | 4262 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 298 Ft ,2 In |
| Size Frontage | 138 Ft ,11 In |
| Size Irregular | Bldg=138.98 X 298.18 Ft |
| Size Total Text | Bldg=138.98 X 298.18 Ft |
| Zoning Description | M1-742 |
https://www.realtor.ca/real-estate/28375043/191-keil-drive-s-chatham-kent-chatham-chatham
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August 30 2025 08:21:02
Toronto Real Estate Board
Homelife Landmark Realty Inc.