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

Chatham-Kent N7L 1W8 Ontario

MLS: X12720726

$199,000

Added 27 days ago | For Sale

Listed by: HOMELIFE/MIRACLE REALTY LTD

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 125 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Grand Ave E/ Tylor Ave
  • Basement: ,
  • Possession Date:
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:None
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12720726

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