220 Riverview Drive, Chatham-Kent, ON

$499,000
MLS#:X13220458
0 beds
3 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] sale of business located in the coveted neighborhood of SW. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 3 Bathrooms
  • Premium 239 x 421.1 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient plaza garage included
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

Gorgeous and long-standing steakhouse facing the Thames River in downtown Chatham. Tru's GrillHouse has been operating since 2008 and has built a loyal following with excellent sales and strong community recognition. Impressive 7,000 Sq Ft layout licensed for 285 inside plus an additional 90 seats across two patios. Established destination restaurant with tremendous visibility, signage, and parking for approximately 100 vehicles. Large production kitchen designed for serious volume with a 16-ft commercial hood and 3 walk-ins (2 + 1). The restaurants fully equipped and ideal for continued steakhouse operations, hospitality groups,event-driven dining, or conversion into a different concept, cuisine, or franchise. Excellent opportunity for experienced operators looking for a high-capacity turnkey hospitality business in Southwestern Ontario. Long-term attractive lease of $10,500 Gross Rent to be provided to new operators with a 5 + 5 + 5 year term. Boasts excellent sales with income for ownership and is available for rebranding into a different concept, cuisine, or franchise, or with training to continue operating as-is. Please do not go direct or speak to staff or ownership.

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Key Features

Bathrooms
3
Property Type
Commercial

Additional Details

StatusActive
Listed Date6/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size239 × 421.1 Feet
CountyChatham-Kent
Annual Tax$0
Legal DescriptionPT LT 21 CON 1 RALEIGH PARTS 3 & 4, 24R-3170, & PART 3, 24R-3562; S/T 176193; CHATHAM-KENT

Parking & Garage

Garage Spaces100
Garage TypePlaza

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Yes"]

Features

Property Features

Community Features

Greenbelt/Conservation, Recreation/Community Centre

Location

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220 Riverview Drive, Chatham-Kent, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 220 Riverview Drive, Chatham-Kent, ON N7M 5Z8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$2,669

Strategic Fiscal Clarity

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