220 Riverview Drive
Chatham-Kent, ON
- 3 bath
- 13,000 sqft
- Sale Of Business
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.
Listing Details
- Originally Listed
- $499,000
- Listed
- June 1, 2026
Price History
Property
- Lot Size
- 239 x 421.1 Feet
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Heritage Rd and Riverview Dr
- Zoning
- Business Commercial
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Community
Postal area N7M
- Population
- 25,579
- Private dwellings
- 11,361
- Median age
- 44
- Average household size
- 2.3
- Median household income
- $71,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Chatham-Kent · last 12 months
- Median sold price
- $349,900
- Homes sold
- 123
- Median days on market
- 24
- Sale-to-list price
- 95.2%
Based on 123 recorded sales of commercial properties in Chatham-Kent over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 13,000 sq ft
- Price per sq ft
- $34.54
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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