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$ 2,599,000
Est. payment /mo
Active
160 Keil DR S Chatham-kent, ON N7M 6B7
24,876 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 24,876 sqft
Price per Sqft $104
Subdivision Chatham
MLS Listing ID X12271627
Annual Tax Amount $102,237
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 460.76
Lot Front 183.65
Property Description
Excellent Investment Opportunity to purchase a Multi-Unit plaza & or Owner / Occupy the building. Move your business into your own building. 158-160 Keil Drive S, Chatham. New Improved Asking Price: Reduced from $3,488,000 to now Asking $2,599,000. Excellent Daily Traffic Count on one of Chatham's busiest streets, with the Casino across the street. Full Address: 158-160 Keil Drive, Chatham. Total Building Area: approx. 24,876 SF. Multi-Unit commercial plaza with Two - One-Storey / free standing buildings. 158 Keil Drive: Approx. 6,000 SF. 160 Keil Drive: Approx. 18,876 SF over 3 current units. Unit 1: 8,476 SF, was previously the Swiss Chalet restaurant. Unit 2: Restaurant (approx. 3,000 SF). Unit 3, Rear Unit of approx. 7,400 SF, leased to a pool company. Site Area: Approx. 2.238 acres. 4 Newer HVAC units in the buildings. Plenty of onsite parking. If Fully Leased, projected Gross Income: Approx. Over $281,000 Gross Income per Year. Zoning permits restaurants, clinics, recreation, Retail, Assembly Hall, Automobile Repair Shop, Automobile Sales and Service Establishment, Automobile Service Station, Bake Shop, Bank/Financial Institution, Beer/Liquor Store, Builder's Supply Yard, Call Centre, Car Wash, Automatic, Car Wash, Manual, Child Care Centre, Church, Clinic, Clinic, Veterinary, Club, Private, Commercial Entertainment and Recreational Establishment, Commercial School, Contractor's Yard, Cultural Facility, Dry Cleaning Establishment, Eating Establishment, Eating Establishment - Take Out, Funeral Home, Furniture Store, Gas Bar, Hotel/ Motel, Laundromat Mixed Use Commercial/Residential Building, Nursery, Office, Personal Service Establishment, Pet Shop, Print Shop, Public Storage, Rental Establishment, Retail Store, Retail Store - Convenience Service or Repair Shop, Service Trade Establishment, Tavern, Taxi Establishment, Temporary Care Facility, Warehouse, Wholesale Establishment.
Location
Province ON
County Chatham-kent
Community Chatham
Area Chatham-Kent
Zoning UC(HC1)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 183.65
Lot Depth 460.76
Others
Security Features No
Listed by CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
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