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12218-22 Tecumseh Road East Tecumseh, Ontario N8N 1L9

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7950
Air Conditioned Forced Air

$949,000

GREAT INVESTMENT OPPORTUNITY IN THE TOWN OF TECUMSEH. 2 STORY 7950 SF OFFICE/RETAIL BUILDING. WITH 7000 SF RENTABLE IN THE HEART OF TECUMSEH PLUS 3 CAR GARAGE. NET RENT IS $72,000.00 +/- LONG TERM TENANTS. BUILDING HAS BEEN RECENTLY UPDATED WITH NEWER HVAC AND MECHANICAL AND ELECTRICAL SYSTEMS. SOLID BUILDING SHOWING A GREAT OF CAP RATE OF 7%. VTB AVAILABLE TO THE RIGHT BUYER WITH LARGE DOWN PAYMENT. LARGE REDUCTION IN PRICE - VENDOR HELD MORTGAGE AT MARKET RATES TO QUALIFIED PURCHASER. (id:22529)

Property Details

MLS® Number 20007612
Property Type Industrial

Building

Cooling Type Air Conditioned
Fire Protection Smoke Detectors
Fireplace Present No
Flooring Type Hardwood, Laminate
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 7950
Total Finished Area 7950 Sqft

Land

Acreage No
Size Irregular 51.25xirreg
Size Total Text 51.25xirreg
Zoning Description C3

https://www.realtor.ca/real-estate/22032397/12218-22-tecumseh-road-east-tecumseh