The Real Group
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:55983)
BusinessType | Residential |
BusinessSubType | Residential |
MLS® Number | 24027575 |
Property Type | Industrial |
CoolingType | Air Conditioned |
FireProtection | Smoke Detectors |
FlooringType | Laminate, Concrete, Cushion/lino/vinyl |
HeatingFuel | Natural Gas |
HeatingType | Forced Air, Furnace |
SizeInterior | 13989 Sqft |
TotalFinishedArea | 13989 Sqft |
Type | House |
Acreage | No |
SizeIrregular | 73x191 |
SizeTotalText | 73x191 |
ZoningDescription | Uc (cbd) |
https://www.realtor.ca/real-estate/27695715/13-21-queen-street-north-tilbury
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