6955-6957 Tecumseh Rd
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6955-6957 Tecumseh Rd
4,135 SF Retail Building Lakeshore, ON N0R 1N0 £1,171,742 (£283/SF) 16.19% Net Initial Yield
Investment Highlights
- Corner Lot
- Signage
- Surface parking
Executive Summary
Very Successful Business For Sale With Property. Business value included. Total land size - 13,840 SF. Convenience Store,Lcbo Outlet And Bear Store With 3-Bedroom House, Close To Windsor, Approx 2500 Sq Feels, Total 4 Storage Area (2-Beer+1-Lcbo+1-Return Bottles And Cans), Large Size Beer Walking Coolers.+900 Sq Feet House With 2 Bath (1-4,1-2), Lots Of Parking. As Per Seller Approx Total Gross Income Cad$340000/Year. Extra:*Extra* The Inventory Is To Be Paid Extra By Buyer.**** EXTRAS **** Corner Property, Very Busy Intersection In Lakeshore Community, Many Regular Customers And Very Busy In Summertime With Tourist Traffic Of Lake St.Clair. Do Not Directly Visit And Do Not Talk Directly To Owner Or Employees.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,135 SF
Building Class
C
Year Built
1950
Price
£1,171,742
Price Per SF
£283
Net Initial Yield
16.19%
NOI
£189,711
Tenancy
Single
Number of Floors
1
Building FAR
0.30
Lot Size
0.32 AC
Parking
10 Spaces (2.42 Spaces per 1,000 SF Leased)
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6955-6957 Tecumseh Rd
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