1/21851 ERIE STREET East, Windsor
851 ERIE STREET East, Windsor, ON N9A3Y7
$445,000 total
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Asset Class
Industrial
Size
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Building class
C
Zoning
IL — Light Industrial
$ / SF
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Occupancy
91%
Clear height
34 ft
Loading docks
12
About this property
Exceptional restaurant opportunity on one of Windsor's most recognized dining corridors. This free-standing 1,450 sq ft corner building on Erie Street East at Elsmere Avenue will be delivered vacant, ready for an owner-operator or investor to bring their vision to life. The space features a commercial kitchen with hood system included, separate washrooms, and a bright front-of-house area with large display windows and abundant natural light. A prominent signband and corner exposure offer outstanding visibility to steady vehicle and foot traffic. Dedicated on-site paved parking for 5 vehicles sets this property apart in the district. Additional features include natural gas forced air heating, central air conditioning, alarm system, and municipal services. Zoned CD2.2, offering flexibility for a range of commercial uses (buyer to verify) . Steps to public transit, shopping, and established neighborhood restaurants. Own your space in a thriving location. Book your private showing today. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$25K
Annual cash flow
$491
Cash-on-cash
0.37%
DSCR
1.02
Going-in cap
5.65%
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
109,292
Households
42,322
Median income
$90,000
Median age
43.8
Daytime population
162,659
5-yr growth
4.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 851 ERIE STREET East, Windsor.
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.