13,989 ft2
Air Conditioned
Forced Air, Furnace
$1,195,000
Appraised at $1,569,000! If you’re an investor seeking strong fundamentals, creative financing & massive upside potential, you’ve found it w/ this 10 unit mixed-use (6 Res/ 4 Comm) bldg in downtown Tilbury that has the opportunity to become 14+ units. Major updates include flat roof (23), facade masonry overhaul (24), several renovated units, exterior stairs & decking, along with preparatory demo for additional units yet to be created. The 4 commercial units benefit from walk by traffic, street parking & a municipally maintained rear lot. The largest commercial unit offers an opportunity for residential conversion at the rear (draft plans available) along with a large storefront featuring high ceilings & reclaimed brick. The apartments are always in demand, with one currently being renovated & another partially demolished in preparation for splitting into two. Contact LA for complete details about residential conversion opportunities, creative lending options & appraisal. (id:30130)
Business
Business Type
|
Residential |
Business Sub Type
|
Residential |
Property Details
MLS® Number
|
24027575 |
Property Type
|
Industrial |
Building
Cooling Type
|
Air Conditioned |
Fire Protection
|
Smoke Detectors |
Flooring Type
|
Laminate, Concrete, Cushion/lino/vinyl |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air, Furnace |
Size Interior
|
13,989 Ft2 |
Total Finished Area
|
13989 Sqft |
Type
|
House |
Land
Acreage
|
No |
Size Irregular
|
73x191 |
Size Total Text
|
73x191 |
Zoning Description
|
Uc (cbd) |
https://www.realtor.ca/real-estate/27695715/13-21-queen-street-north-tilbury