12205 Riverside Drive East, Tecumseh, Ontario

$999,900

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About 12205 Riverside Drive East

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:36535)

Features of 12205 Riverside Drive East

Listing # 26023878
Price $999,900
Bathrooms 0.00
Acres 0.00
Type Industrial
Sub-Type Freehold

Community Information

Address 12205 Riverside Drive East
City Tecumseh
Province Ontario
Postal Code N8N1A1

Amenities

Features Corner Site
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Baseboard heaters, Forced air
Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Lot Description 40 X 103.58

Listing Details

OfficeCourtesy Of REMO VALENTE REAL ESTATE (1990) LIMITED

Listing Map