13-21 Queen STREET North

Tilbury, Ontario, N0P2L0, Canada

$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.

Virtual Tour: https://youtu.be/LSVeBfMQQIk

Last updated on : Friday 29th of November 2024 08:08:18 PM

ADDRESS

Street : 13-21 Queen STREET North

City : Tilbury

Province : Ontario

Country : Canada

Postal Code : N0P2L0

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PROPERTY SUMMARY

Property ID : 24027575

Building Type : House

Property Type : Industrial

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