12353 RIDGE LINE, Chatham-Kent (Ridgetown)

$774,900

For sale: Other

Other at 12353 RIDGE LINE, Chatham-Kent (Ridgetown)
Property type
Industrial
Bedrooms / bathrooms
3 bathrooms
MLS®
MLS® X12811048
Neighbourhood
Ridgetown

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.

Sold data

Homes in Chatham-Kent (Ridgetown) — recent sold market

Homes in Chatham-Kent (Ridgetown) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 53, across 35 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $365,000.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 0% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$365,000
Sale-to-list ratio
96.3%
Sold above asking
0%

Based on 35 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 12353 RIDGE LINE