54 Main Street E, Chatham-Kent

$335,000
54 Main Street E

$335,000

New
2d
Store W Apt/Office

54 Main Street E, Chatham-Kent

Total Monthly Obligation $1,834

Beds
0
Baths
0
Park
0
DOM
2d
Property Type-Store W Apt/Office
MLS® Number-X14104790
Beds-0
Lot Size-20.1 × 133.37 ft
Listed on site-Oct 21, 2026
Building Type-Store W Apt/Office
Taxes-$3,393.37 (2025)
Parking-Street
Heating-Gas Forced Air Closed
Brokerage-GLOBAL BRICKS EXECUTIVE HOMES REALTY
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm Available
Possession-Flexible
Neighbourhood-Ridgetown
Title-Commercial

No agent assigned

A great investment opportunity to buy a Retail store with property which has a 2 bed apartment on 2nd floor. Build your equity over the years with such a lucrative price. The present owner is operating 3 businesses in one location. The store has been newly renovated, recently the owners acquired a permit for a Licensed Bar with a dine and takeaway Restaurant plus an existing Variety store business. The variety store also sells Wine and Beer along with Lotto and Tobacco. The Town is under going rapid development and improvements. University Of Guelph Campus is close by, Industrial Area is very near. A new Steel plant has been planned in Ridgetown. High School is only a short distance away. A New 130 housing project is under construction in the town. A Gas station with a McDonalds Restaurant is planned and shortly to be in operation. All Chattels and Equipment are included in the price. Do not miss this fantastic offer. Financial statements are not available. The new buyer can either take over the operating business or start a new one. The listing price reflects the land and building, all chattels and equipment, leasehold improvements and the three operating businesses.

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Closing Costs

Mortgage Amount
$268,000
Land Transfer Taxes$3,500
Legal Fees (Est.)
$
Total cash required for closing$72,000

Total Monthly Obligation

$1,834/mo
Mortgage $1,351
Monthly Loss $1,478
Principal$356
Interest$996
Property Tax$283
Home Insurance$50
Variable Costs$150

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 54 Main Street E

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