297 Grand Avenue, Chatham-Kent, Ontario N7L 1W8 (29279539)

297 Grand Avenue Chatham-Kent, Ontario N7L 1W8

1,500 ft2
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:50976)

Property Details

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

Building

Cooling Type Fully Air Conditioned
Heating Type No Heat
Size Interior 1,500 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 100 Ft
Size Frontage 125 Ft
Size Irregular 125 X 100 Ft
Size Total Text 125 X 100 Ft
Zoning Description Hc1

https://www.realtor.ca/real-estate/29279539/297-grand-avenue-chatham-kent-chatham-kent

Contact Us

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Sanju Patel
Broker

(647) 721-0491
www.realtorsanju.com/

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

(905) 454-4000
(905) 463-0811

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