Business For Sale · Retail

410 QUEEN STREET, Chatham-Kent (Chatham)

410 QUEEN STREET, Chatham-Kent (Chatham), ON N7M2H9

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

100%

About this property

This is a modern, turnkey Esso gas station and convenience store located at a high-traffic urban intersection surrounded by residential and commercial developments. The facility was completely rebuilt in 2019 and is described as a high-volume, revenue-generating business for an owner-operator. There is also growth potential by expanding food services, increasing retail and merchandise offerings, improving on-site management, and using localized marketing to increase profitability. The property features a fuel station with eight high-flow gas pumps and two high-flow diesel pumps, backed by ~110,000 litres of storage across two 2019 double-wall fiberglass tanks. The convenience store is fully equipped to sell lottery, tobacco, propane, beer, and wine, and includes a ready-to-start $50,000 turnkey bubble tea and café setup. Additionally, the site generates ancillary income from an ATM, Bitcoin machine, and air station. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

88,745

Households

38,550

Median income

$69,500

Median age

39

Daytime population

127,139

5-yr growth

1.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 410 QUEEN STREET, Chatham-Kent (Chatham).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.