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$167,000 total
—
Asset Class
Hospitality
Size
—
Building class
A
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
86%
TURNKEY RESTAURANT ASSET SALE–BUILD YOUR OWN BRAND IN DOWNTOWN WINDSOR! Incredible opportunity to acquire chattels, equipment in a prime downtown location. Asset sale only. Allowing new owner freedom to create their own concept. 2,200 sq. ft., turnkey, fully equipped kitchen, furnishings, fixtures. Save 100's of thousands of $ in construction and equipment by taking over an existing structures. Minor cosmetic updates to bring your vision to life. Excellent opportunity for a pub, sports bar, pizza, café, sandwich shop, dinner lounge. Walking distance of the St. Clair College Centre, Chrysler Theatre, Art Gallery, City Hall, major hotels, office towers, and downtown businesses. Benefits from pedestrian traffic, thousands of employees working few blocks, nearby residents, and continued downtown growth. New 5year lease will be negotiated providing long-term stability for your business .A rare chance to establish your own restaurant concept at a fraction of the cost of building from scratch. Contact REALTOR® today! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$771
Projected NOI
$9K
Annual cash flow
$-227
Cash-on-cash
-0.45%
DSCR
0.98
Going-in cap
5.41%
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
54,319
Households
23,931
Median income
$128,000
Median age
37.8
Daytime population
48,925
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 122 CHATHAM STREET West, 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.