494 RIVERDALE - $1,480,000.00

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Property Specs

Price$1,480,000.00
CityWindsor, ON
Address494 RIVERDALE
Listing ID1801018
ConstructionBrick
FlooringCarpeted
ParkingOther
Land Size119.26 X 231.68 FT
StatusFor sale

Extended Features:

Cooling: Heat PumpFoundation: ConcreteHeating: Forced air, Heat PumpHeating Fuel: Natural gasUtility Water: Municipal water

Details:

FANTASTIC RETURN ON INVESTMENT AT 7.77 PERCENT WITH GREAT CASH FLOW. THIS TURNKEY COMMERCIAL & RESIDENTIAL BUSINESS CAN BE MANAGED WITH LITTLE EFFORT. THIS PROHIBITION ERA PROPERTY IS LOCATED ON THE WATERFRONT WITH ACCESS TO DETROIT RIVER & LAKE ST.CLAIR IN A VERY DESIRABLE RIVERSIDE NEIGHBOURHOOD. BOTH FLOORS HAVE BEEN RENOVATED. A TOTAL OF 7676 SQ FT. THE MAIN FLOOR IS A TURNKEY RESTAURANT TENANTED BY A SUCCESSFULL LONG-TIME RESTAURANT OPERATOR. 2ND FLOOR HAS 12 RESIDENTIAL RENTAL UNITS, FULLY FURNISHED WITH NO VACANCIES. 2 WATERFRONT PATIOS, ONE FOR THE RESTAURANT AND ONE EXCLUSIVE USE FOR THE RESIDENTS. AMPLE ON-SITE PARKING. ASKING PRICE INCLUDES LAND, BUILDING, RESTAURANT/RESIDENTIAL FURNITURE, FIXTURES AND EQUIPMENT AND RENTAL BUSINESS. CONTACT L/S FOR FOR INFO#ERR (id:4555)
LISTING OFFICE:
Bob Pedler Real Estate Limited

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