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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:51158)
| Business Type | Residential |
| Business Sub Type | Residential |
| MLS® Number | 24027575 |
| Property Type | Industrial |
| 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 | 13989 Sqft |
| Total Finished Area | 13989 Sqft |
| Type | House |
| 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
Get More info About:13-21 Queen Street North Tilbury, Mls# 24027575
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