191 Keil Drive South, Chatham-Kent | Image 1

191 Keil Drive South

Chatham-Kent, Chatham

  • Commercial

$3,960,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: M1-742

  • Age: No Data

  • Taxes: 32524.49

  • MLS®#: X8068802

  • Days on Site: 55 Days

  • Added: Feb 11, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: HOMELIFE LANDMARK REALTY INC.

An exceptional investment opportunity to acquire a strategic piece of property in a high-traffic area with great potential. Excellent visibility and accessibility in the main commercial and industrial core in the city, the surrounding development and booming increase the value of the property and bring in more business potential. Almost 1 acre land features with gas bar, car wash, oil change since 2008, the building area is around 4700 sqft. Double wall fiber glass tank, brank new pumps. The price is for property only, with two tenants, oil change tenants, Shell gas station with car wash tenant. The owner is willing to lease back gas station and car wash for a long term agreement, with paying utility and TMI. Buyer can easily get above 6% net capital rate. Worry free.

Extras

Business is also available for purchase at extra cost. Gas volume is nearly 5M (6.4M before covid), with busy car wash. The owner has been running the business for 10 years, Shell Award-Winning dealer.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Highway Commercial

  • Area: Chatham-Kent

  • Community: Chatham

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PLAN 551 LOT 2 EXC RP, 24R5613 PART 1 EXC RP, 24R5615 PART1

  • Taxes: $32,524

  • Taxes Type: Annual

Land

  • Cross Street: Richmond St

  • Municipality District: Chatham-Kent

  • Lot Depth: 298.18 Feet

  • Lot Frontage: 139.5 Feet

  • Zoning: M1-742

Commercial Specific

  • Retail Area: 1000

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 0.9

  • Total Area Metric: Acres

  • Lot Code: Lot

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