Business For Sale · Industrial

1279 Ouellette AVENUE, Windsor

1279 Ouellette AVENUE, Windsor, ON N8X1J3

$539,000 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

87%

Year Built

1917

Clear height

28 ft

Loading docks

6

About this property

Unique 2249 sq ft downtown commercial building (CD3.5) with many permitted uses, 7 professional offices, 3 baths, waiting room & galley kitchen. Original character throughout including wood trim, doors, built-ins, and gas fireplace. Private side entrance leading to a full waterproofed, ready to finish basement with rough in. Roof approx 15 yrs, Furnace 2018, AC 2020. Onsite parking for 8 cars in rear lot off of Pelissier. Currently used as professional offices, but this property could work well as a multi use building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$539K
Down payment30% · $162K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$28K

Annual cash flow

$-2K

Cash-on-cash

-1.39%

DSCR

0.92

Going-in cap

5.12%

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

61,629

Households

24,377

Median income

$85,000

Median age

43.2

Daytime population

80,391

5-yr growth

1.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1279 Ouellette AVENUE, Windsor.

NDA required
  • 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.