Business For Sale · Industrial

976 HOWARD AVENUE, Windsor

976 HOWARD AVENUE, Windsor, ON N9A1S5

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

84%

Clear height

28 ft

Loading docks

9

About this property

Exceptional opportunity to lease a versatile commercial unit at 976 Howard Avenue, ideally situated on a busy, high-traffic corridor in one of Windsor's most sought-after neighbourhoods. Formerly operated as an ice cream parlor, this adaptable space is well suited for retail, a small office, food service, or a variety of service-based ventures. Just steps from Little Italy, downtown Windsor, and Walkerville's vibrant dining and entertainment scene, the location benefits from continuous day-and-night foot traffic and outstanding visibility. The modern, stylish interior offers an efficient, functional layout, while on-site parking ensures convenient access for patrons and staff alike. Surrounded by ongoing residential and commercial development within a thriving, well-established community, this unit presents tremendous upside for growth. Available for immediate occupancy. Rent is $850/month + utilities. Contact the Listing Agent for details and permitted uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

126,529

Households

53,931

Median income

$132,000

Median age

37.5

Daytime population

138,261

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 976 HOWARD 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.