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$649,900 total
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
96%
Clear height
28 ft
Loading docks
13
Price improvement! Prime downtown Windsor investment opportunity! Now offered at a new, more attractive price. Don’t miss your chance to own a highly visible commercial/residential property fronting directly on Ouellette Avenue in the heart of downtown Windsor, just steps from Riverside Drive and surrounded by exceptional foot and vehicle traffic. This versatile property offers two potential income streams with a main-floor commercial unit and partial basement, currently vacant and ready for a new tenant or owner-user, plus a spacious upper-level residential unit currently operating as an Airbnb. The residential unit features 3 rooms, a bright living room with a huge window overlooking the Ouellette strip, newer kitchen with laundry, and a 3-piece bathroom. Prime location, commercial exposure, residential income potential, and a significant price improvement make this an opportunity you don’t want to miss. Ideal for investors, entrepreneurs, or buyers looking to capitalize on downtown Windsor’s central location. Act now and book your private viewing today! (id:66811)
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Monthly debt service
$3K
Projected NOI
$42K
Annual cash flow
$6K
Cash-on-cash
2.97%
DSCR
1.16
Going-in cap
6.43%
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.
Trade area within 3 miles of the property.
Population
48,847
Households
22,607
Median income
$83,500
Median age
41.1
Daytime population
60,425
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 286 OUELLETTE AVENUE, 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.