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$1.3M total
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
89%
Clear height
32 ft
Loading docks
14
Dont miss this unique commercial property in the heart of Walkerville at the high-traffic intersection of Erie Street & Lincoln Road! Featuring 3 bedroom apartment, this property offers multiple income, business-use opportunities. Ideally located close to Downtown and 10+ schools, it provides excellent visibility, accessibility, and strong investment potential. A versatile property with endless possibilities for investors and entrepreneurs. It has the potential of approx $80,000 & more annually. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$65K
Annual cash flow
$-4K
Cash-on-cash
-1.18%
DSCR
0.94
Going-in cap
5.19%
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
39,971
Households
16,203
Median income
$122,000
Median age
36.2
Daytime population
44,568
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1573 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.