1/5012353 TECUMSEH ROAD East, Tecumseh
12353 TECUMSEH ROAD East, Tecumseh, ON N8N1M5
$749,900 total
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Asset Class
Industrial
Size
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Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
90%
Year Built
1910
Clear height
36 ft
Loading docks
7
About this property
RARE COMMERCIAL/RESIDENTIAL OPPORTUNITY IN THE HEART OF TECUMSEH! This C3-zoned property offers a unique combination of residential space, commercial potential and an expansive 53 ft x 176 ft lot with excellent exposure along Main Street. The solid 1 3/4-storey home features 3 bedrooms, 2 bathrooms, a full basement and attached carport, providing plenty of living space for an owner-user or potential live/work setup. The property also includes a separately metered full-size mechanic shop/garage at the rear, complete with a hoist, making this an ideal opportunity for an automotive-related business, tradesperson, entrepreneur or investor. The large lot provides ample parking and convenient rear alley access. A truly versatile property offering residential comfort, valuable commercial zoning and exceptional potential in a well-established Tecumseh location. Buyer to verify permitted uses, zoning, building requirements and future developmentpotential with the Town of Tecumseh. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$-7K
Cash-on-cash
-3.31%
DSCR
0.82
Going-in cap
4.55%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
67,729
Households
26,632
Median income
$104,000
Median age
45.8
Daytime population
65,544
5-yr growth
3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 12353 TECUMSEH ROAD East, Tecumseh.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.