81 LONDON ROAD, Chatham-Kent (Thamesville)

$340,000

For sale: Other

Other at 81 LONDON ROAD, Chatham-Kent (Thamesville)
Property type
Sale Of Business
MLS®
MLS® X12874714
Neighbourhood
Thamesville

One of the oldest and best-kept secrets is now up for grabs. Located in the heart of Thamesville, this restaurant business & property is not just any ordinary eatery - it is a community favourite spot & your ticket to small-town charm entrepreneurship. Situated on a generous lot with major street frontage, this freestanding building is ideal for any business to come or continue the many years of Lucky Kitchens success. Whether you want to keep the restaurant name or change it to your own, there is a solid foundation of profitability in place. Just envision, your own building, your own lot with parking & a business that is the talk of the town. Beyond its current use, the property holds immense investment potential. With the burgeoning economy of Thamesville & the surrounding region, savvy investors can capitalize on this opportunity to generate substantial returns and secure a valuable asset for the future.

Sold data

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

Homes in Chatham-Kent (Thamesville) took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 56, across 122 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.

The median sale price was $364,950.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$364,950
Sale-to-list ratio
96.2%
Sold above asking
8%

Based on 122 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 81 LONDON ROAD