54 MAIN STREET E, Chatham-Kent (Ridgetown)
$335,000
For sale: Other
- Property type
- Store W Apt/Office
- MLS®
- MLS® X14104790
- Neighbourhood
- Ridgetown
A great investment opportunity to buy a Retail store with property which has a 2 bed apartment on 2nd floor. Build your equity over the years with such a lucrative price. The present owner is operating 3 businesses in one location. The store has been newly renovated, recently the owners acquired a permit for a Licensed Bar with a dine and takeaway Restaurant plus an existing Variety store business. The variety store also sells Wine and Beer along with Lotto and Tobacco. The Town is under going rapid development and improvements. University Of Guelph Campus is close by, Industrial Area is very near. A new Steel plant has been planned in Ridgetown. High School is only a short distance away. A New 130 housing project is under construction in the town. A Gas station with a McDonalds Restaurant is planned and shortly to be in operation. All Chattels and Equipment are included in the price. Do not miss this fantastic offer. Financial statements are not available. The new buyer can either take over the operating business or start a new one. The listing price reflects the land and building, all chattels and equipment, leasehold improvements and the three operating businesses.
Sold data
Homes in Chatham-Kent (Ridgetown) — recent sold market
Homes in Chatham-Kent (Ridgetown) took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 59, across 126 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $361,950.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
- Median days to sell
- 29
- Median sale price
- $361,950
- Sale-to-list ratio
- 95.9%
- Sold above asking
- 7%
Based on 126 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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