297 GRAND AVENUE, Chatham-Kent, Ontario, N7L1W8

Property Description

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:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 1,500 sq ft (139.4 m²)
• Frontage: 125 ft (38.1 m)

Listing Provided by: HOMELIFE/MIRACLE REALTY LTD
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.