12205 RIVERSIDE Drive - $999,900
LUXURY
$999,900
12205 Riverside Drive
Tecumseh, Ontario
Industrial/Commercial
Listing ID26023878
StyleHouse
TypeIndustrial/Commerc
StatusFor Sale
Listing Brokerage: REMO VALENTE REAL ESTATE (1990) LIMITED
Property Details
Extended Features:
Subtype
Industrial Features
Corner Site Ownership
Freehold Heating / Cooling
Baseboard heaters, Forced air, Natural gas
Details:
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:4555)
topLand Transfer Tax
Land Transfer Tax $0.00* Please be aware that this calculation is for indicative purposes only and is an approximate value.