12213 Tecumseh ROAD East,Tecumseh - $1,599,000 - Directions

Prime mixed-use commercial opportunity in the heart of Tecumseh, offering immediate income plus an ideal owner-occupier opportunity. This approximately 6,030 sq. ft. building sits on a 0.467-acre lot with 30 on-site parking spaces and excellent exposure on Tecumseh Rd E at the busy Tecumseh/Lesperance intersection. The property features four units, including a fully built-out main-floor restaurant, a leased professional office, and two self-contained residential apartments on the second level. The restaurant can be delivered fully equipped and operational or vacant, providing flexibility for an owner-operator, investor, or future tenant. It offers a spacious dining room, customer waiting area, multiple kitchen and prep spaces, several washrooms, and a negotiable commercial equipment package including a 16-ft exhaust hood with fire suppression, walk-in cooler, fryers, grills, freezers, and prep stations. The adjoining office is currently leased and includes a reception area, open workspace, two private offices, kitchenette, and storage. Upstairs, the two leased apartments (one 2-bedroom and one 1-bedroom) each feature their own kitchen, living area, and bathroom, with a shared laundry room. Additional highlights include separate hydro metering for each commercial unit and the apartments, multiple gas meters, three owned hot water tanks, 200-amp service to the restaurant, dedicated A/C for each commercial unit, and a new 2.5-ton A/C serving the apartments. Zoned C3 General Commercial, the property permits a broad range of uses including restaurants, retail, professional offices, financial institutions, medical clinics, personal service businesses, and more. Financial information is available to qualified buyers. An exceptional investment with strong income potential and flexible future use. (id:4555)