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$3,899,000
For Sale
191 Keil Drive S, Chatham-Kent, ON N7M 6J5
Chatham-Kent, ON N7M 6J5
Property Sub Type
Commercial Retail
Property Type
Commercial
Property Use
Highway Commercial
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.
