965 Old Glass Road Chatham-Kent, Ontario N8A 3T1

1 Bathroom 3,000 sqft
Fully Air Conditioned Forced Air

$438,000

This income-generating industrial/retail building is occupied by an established, multi location tenant. The property sits along the Sydenham River, connecting to the Great Lakes with easy access to major Canadian-US border crossings. It's just an hour from Windsor, 20 minutes from Chatham, and centrally positioned between Chatham and Sarnia with quick access to major highways. Chatham-Kent's population is estimated at 113,070, up 8.1% since 2016. 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, with an option to renew. Full lease and financial details are available upon request. (id:56248)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number X13535010
Property Type Retail
Community Name Wallaceburg
Parking Space Total 6

Building

Bathroom Total 1
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 3000 Sqft
Size Interior 3,000 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 66 Ft
Size Irregular Bldg=66 X 100 Ft
Size Total Text Bldg=66 X 100 Ft
Zoning Description M1-435

https://www.realtor.ca/real-estate/30002257/965-old-glass-road-chatham-kent-wallaceburg-wallaceburg

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