12353 RIDGE LINE
Chatham-Kent (Ridgetown), Ontario
MLS® X12811048
$774,900
- Status
- Active
- Property type
- Industrial
- MLS® number
- X12811048
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
1 / 35Listing description
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.
Property summary
- MLS® number
- X12811048
- Property type
- Industrial
- Size
- 11,400 sq ft
- Land size
- 1.01 acres
- Annual property taxes
- $5,577.62
- Days on market
- 213 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $774,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP, HIGHGATE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.