508 Coverdale, Riverview
- Type: Commercial
- Added: 24 days ago
- Updated: 13 days ago
- Last Checked: 9 hours ago
TURN-KEY Exceptional Investment Opportunity/ PRIME LOCATION/ 3 ELECTRICAL METERS. Good deal is hard to find but you found it! This prime commercial property offers three rental income streams, making it a standout investment in the heart of Riverview. Three electrical meters for easy tenant management and billing! Located on busy Coverdale road, just minutes from The Honourable Brenda Robertson Bridge, commercial and apartment buildings, this building includes: Two successful ground-floor businesses: one pizza restaurant & one eat-in, take-out restaurant. One of them with potential for a drive-through. Long-term commercial tenant, covering major expenses such as property taxes, insurance, and utilities, ensuring low-risk ownership. Upstairs, you will find a spacious 3-bedroom apartment with TWO separate entrances: one stairs on the left side and one stairs on the right of the building. Potential rent of around 1700$/month, currently vacant for easy showing. This apartment is also perfect for owner-occupancy or additional rental income. The basement is using as a storage, high ceiling, potential for your creative. With excellent visibility, accessibility, and proximity to amenities, this turnkey property offers immediate cash flow and future growth potential. Dont miss this opportunity! (id:1945)
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Nearby Listings Stat
Active listings
51
Min Price
$98,000
Max Price
$5,200,000
Avg Price
$583,873
Days on Market
102 days
Sold listings
17
Min Sold Price
$114,900
Max Sold Price
$699,900
Avg Sold Price
$404,512
Days until Sold
49 days