12216-12218 Riverside Drive Tecumseh, Ontario

$2,950,000

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PROPERTY INFO

A DIAMOND IN THE ROUGH, INCOME PRODUCING PROPERTY THAT INCLUDES 5 RESIDENTIAL & 2 COMMERCIAL UNITS. LOCATED IN THE TOWN OF TECUMSEH AND BACKS ONTO LAKE ST. CLAIR (SAND BEACH ON THE WATERFRONT), ALL UNITS RENTED ON A MONTH TO MONTH BASIS WITH ROOM TO INCREASE RENTS. NATURAL GAS HOT WATER HEAT IN ALL UNITS. MUST BE VIEWED TO BE APPRECIATED. THIS PROPERTY TO BE SOLD IN CONJUNCTION WITH 12222 RIVERSIDE DR R (NEXT), 100' OF FRONTAGE WITH 400' OF DEPTH. POTENTIAL DEVELOPMENT OPPORTUNITY FOR THE RIGHT PARTY. CALL LBO FOR FULL PARTICULARS.

PROPERTY SPECS

Price $2,950,000

City Tecumseh, Ontario

Address 12216-12218 RIVERSIDE Drive

Listing ID 25001589

Square Footage 5800

Type Industrial/Commercial

Status For Sale

EXTENDED FEATURES

Attachment Style Multi-Unit Subtype Investment Property, Residential, Retail Approx. Square Footage 5800 Inclusions None, Other, See Remarks Parking Included In Rent, On Site Amenities Shopping Nearby, Treed, Waterfront Ownership Freehold Rental Equipment Yes Heating / Cooling Hot Water Heating Fuel Natural Gas Utility Power AMPS Utility Water Municipal Water Sewer Sanitary Date Listed Jan 22, 2025 Days on Market 8 Parking Paved

Grocery Stores

Schools

Banks

Restaurants

Health

Parks

Entertainment

Transit

Fire Station

Police

519-948-8171

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Listing Agent: PAUL BISTANY

Listing Agency: PAUL BISTANY REAL ESTATE BROKER - 68