297 Grand Avenue, Chatham-Kent, Ontario N7L 1W8

Listed for:
$199,000
0 beds
0 baths
Listed 29 days ago
297 Grand Avenue, Chatham-Kent, Ontario N7L 1W8

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About

Grand Ave E/ Tylor Ave 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. Vape Volume approx. $70,000 and growing. 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, Bitcoin revenue about $4200 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:27476)

Property Highlights

MLS® Number
X12720726
Type
Retail
Community Name
Chatham-Kent
Land Size
125 x 100 FT

Building

Square Footage
1500 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
No heat
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
HOMELIFE/MIRACLE REALTY LTD
MLS® number:
X12720726
Agent:
Sanju Patel
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