12205 RIVERSIDE DRIVE East - $999,900.00

12205 RIVERSIDE DRIVE East,Tecumseh - $999,900 - Directions


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Property Specs

Price$999,900.00
CityTecumseh, ON
Address12205 RIVERSIDE DRIVE East
Listing ID26023878
Land Size40 X 103.58
TypeHouse
StatusFor sale

Extended Features:

Features Corner SiteOwnership FreeholdCooling Central air conditioningHeating Baseboard heaters, Forced airHeating Fuel 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)

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