Prime Tecumseh investment opportunity on an exceptionally busy, high-exposure corner of Riverside Dr. E and Chene St., directly beside popular TOTO Café and steps to Lake St. Clair and the Ganatchio Trail. 2 buildings on 1 lot. Versatile mixed-use property featuring commercial space fronting Riverside with residential 2 bedroom apartment above, plus a separate detached office/residential building. Current income with rental upside and potential gross annual income of approximately $75,600. Detached building can readily transition back to 3-4 bedroom residential home, providing added flexibility. Excellent visibility, strong location and multiple opportunities to enhance income. A rare Riverside Drive investment offering exposure, flexibility, in an established neighbourhood with future upside with new development potential in the immediate area. Minimum 48 hours for showings. L/S must be present for showings. (id:64906)
12205 RIVERSIDE Drive is located in Tecumseh, Ontario, with a current listing price of $999,900. This industrial property is currently available.
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Principal & interest only. Excludes property tax, insurance, condo fees, and CMHC where applicable.
Listing courtesy of Kevin Diluca, Remo Valente Real Estate (1990) Limited.
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