Investor-Focused Income-producing commercial Building for sale. Investment opportunity with approximately $70,000/year net income (triple net leases) and two long-term business tenants in place. Located on high-visibility Ridgeline Road near Ridgetown, this freestanding automotive-related commercial property offers immediate cash flow and tenant stability for the next owner. The property features a large multi-bay service-style building with multiple overhead doors, spacious shop/service areas, and a front office/reception component, plus ample on-site parking, vehicle circulation, and outdoor storage space. Strong exposure and easy access support the long-term usability and desirability of this commercial site. Excellent opportunity for investors seeking a tenanted commercial asset in the Chatham-Kent/Ridgetown area. (id:374)
| MLS # | X12811048 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 245 |
| Listing Provided By | CENTURY 21 FIRST CANADIAN CORP | ALLAN CONGO |
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 11,400 |
| Zoning | A1-1152 |
| Acreage | 1.01 |
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Sewer | Septic System |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5577.62 |
|---|
| Province | ON |
|---|---|
| City | Chatham-Kent (Ridgetown) |
| Postal Code | N0P2C0 |
| Listing VS Median (in N0P2C0) | |
Price: $774,900 low | high Med: $549,000 sqft: 11,400 low | high Med: 5,000 $ / sqft: $68 low | high Med: $110 On site: 245 low | high Med: 104 | |
| Province | ON |
|---|---|
| City | Chatham-Kent (Ridgetown) |
| Postal Code | N0P2C0 |
| Listing VS Median (in N0P2C0) | |
Price: $774,900 low | high Med: $549,000 sqft: 11,400 low | high Med: 5,000 $ / sqft: $68 low | high Med: $110 On site: 245 low | high Med: 104 | |