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Industrial Property For Rent at 281 GRAND AVENUE East in Chatham, Ontario

4 Sale ID #243854
Archived 12 Jun 2024

Sq. Ft. Rate

$11

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Prime Commercial Space Available! Located in a high-traffic area this versatile space can be divided into three separate store fronts, total space comprising of over 3400 sq. ft. Ideal for retail or industrial use, this property boasts a highly visible location with excellent exposure for vehicle traffic, ensuring maximum visibility for your business. With ample parking available onsite, both for customers and employees. Additional space is available within the building - This is a rare opportunity to secure a premium commercial space in one of Chatham's most sought-after locations. Whether you're launching a new retail venture, expanding your business, or seeking a dynamic industrial space, this property offers the perfect canvas to bring your vision to life. Lease is $11.00 per sq. ft. plus proportionate taxes- Property is for sale see MLS # 240000000009847 (id:39198)

  • MLS® : #24009866
  • Date Listed : 29 Apr 2024

Location

Province

Ontario

City

Chatham

Address

281 Grand Avenue East

Postal Code

N7L1W3

Location Highlights

N/A

Listed by

Re/Max Preferred Realty Ltd. Ontario listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

16,800

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Sq. Ft. Rate

$11

Asking Price

$11

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

16,800

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A

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