2 - 425 ST CLAIR STREET, Chatham-Kent
$50,000
For sale: Other
- Property type
- Sale Of Business
- MLS®
- MLS® X13677982
- Neighbourhood
- Chatham-Kent
Prime Restaurant Business Opportunity in Chatham. Excellent opportunity to acquire an established restaurant business located in one of Chatham's busiest and most highly desirable commercial areas. The business is for sale; only the building is leased. Ideally situated at a high-traffic intersection with excellent visibility and surrounded by major retailers and popular businesses, including McDonald's, No Frills, Tim Hortons, Rexall, Dairy Queen, Wendy's, Food Basics and Shoppers Drug Mart. This strategic location offers strong exposure, convenient access and excellent potential for an owner operator or entrepreneur looking to enter or expand in the food-service industry. Turnkey opportunity with the existing restaurant setup and equipment included, allowing a new owner to continue operations with minimal interruption. Please note: Sale is for the business only. Building/real estate is not included and is subject to an existing lease.
Sold data
Homes in Chatham-Kent — recent sold market
Homes in Chatham-Kent took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 58, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.
The median sale price was $365,000.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 0% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $365,000
- Sale-to-list ratio
- 96.4%
- Sold above asking
- 0%
Based on 37 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
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