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$397,500 total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
87%
Clear height
25 ft
Loading docks
13
Exceptional investment opportunity in the heart of Windsor's vibrant Erie Street corridor. This freestanding commercial building offers versatile office and retail space with excellent visibility in a high-traffic location. Long term professional tenant in place on a net lease; this solid investment offers a 5.6% cap rate! This fully renovated property features a functional layout with welcoming reception, modern finishes, boardroom, kitchenette, four private offices, finished basement, 2 baths, abundant natural light, window display frontage, alarm system, forced air heating and central air (AC 2025). Situated on a fenced lot with on-site parking for four vehicles, this property provides convenient access to public transit, shopping, and surrounding amenities. Zoned CD1.3, allowing for a variety of commercial uses. Offered with building and land included. Immediate possession available, making this an ideal opportunity for investors looking to build their portfolio in one of Windsor's most recognizable commercial districts. Buyer to verify all information including zoning and permitted uses. (id:66811)
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Monthly debt service
$2K
Projected NOI
$22K
Annual cash flow
$210
Cash-on-cash
0.18%
DSCR
1.01
Going-in cap
5.59%
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
48,761
Households
17,732
Median income
$112,000
Median age
31.6
Daytime population
59,649
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1145 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.