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$ 438,000
Est. payment | /mo
1 Bath
$ 438,000
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Wallaceburg
MLS Listing ID X13535010
Annual Tax Amount $3,077
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
This income-generating industrial/retail building is occupied by an established, multi-location tenant. Set on a freehold lot of over 6,500 sq. ft., the property offers customer parking, grade-level shipping door, retail showroom, and industrial space. Under the NNN lease, the tenant is responsible for utilities, and a capped annual contribution toward property taxes. Built-in annual rent increases bring the final year's rent to $31,200. The lease runs through September 14, 2030. Strategically located in Chatham-Kent, with an estimated population of 113,070, up 8.1% since 2016. Full lease and financial details are available upon request.
Location
Province ON
County Chatham-kent
Area Chatham-Kent
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 66.0
Lot Depth 100.0
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE CERTIFIED REALTY
NEARBY SCHOOLS & PROPERTIES
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