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$774,900
Chatham-Kent
12353 Ridge Line, Chatham-Kent (Ridgetown), Ontario, N0P2C0
This industrial property in Chatham-Kent is for sale offering roughly 11,400 sq ft of space.
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:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 254 days on market, against an average age of 96 days across the listings currently for sale in this city
This industrial in Chatham-Kent (Ridgetown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $774,900, about 9.7× the local median household income of $80,000.
Carrying it typically needs a household income of about $151,365 (20% down, 25-yr amortization, stress-tested) — roughly 89% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0P)
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