1/42244-246 SIMCOE STREET, Amherstburg
244-246 SIMCOE STREET, Amherstburg, ON N9V1M7
$668,000 total
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Asset Class
Industrial
Size
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Building class
C
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
85%
Clear height
24 ft
Loading docks
7
About this property
Rare mixed-use turnkey investment in the heart of Downtown Amherstburg! This commercial/residential property sits on a high-traffic corner lot at Simcoe & Brock St, offering a rare blend of immediate cash flow and prime real estate. Commercial: Includes a highly successful, running restaurant space (approx. 1,700 sq ft) with an incredible 30-year reputation and loyal customer base. Features a fully equipped commercial kitchen with fire sprinklers, transferable liquor license, and a brand-new heating/cooling unit for peak efficiency . Residential: Attached 2-story, 3-bedroom house perfect for an owner-operator or secondary rental income stream, with its own brand-new heating/cooling unit. Steps from the brand-new North Star High School ensuring massive student lunch crowds, Libro Centre, and just 20 mins to Windsor. 6 dedicated parking spaces (4 back, 2 front) Buyers to verify zoning. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$35K
Annual cash flow
$-2K
Cash-on-cash
-1.15%
DSCR
0.94
Going-in cap
5.20%
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
96,309
Households
36,033
Median income
$84,500
Median age
41.9
Daytime population
143,379
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 244-246 SIMCOE STREET, Amherstburg.
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.