Business For Sale · Industrial

1501 HOWARD Unit# 103A, Windsor

1501 HOWARD Unit# 103A, Windsor, ON N8X3T5

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

87%

Clear height

23 ft

Loading docks

5

About this property

1501 Howard Avenue offers 1,574 sq ft of commercial space that suits a café, a retail shop or a restaurant. Howard Avenue gets steady traffic all day, so your storefront sits in front of every car and person going by. The unit has a newly installed truck-level door that makes deliveries easy. The building has a resurfaced parking lot, a pylon sign to put your name out front, and an elevator that will be installed soon. You have room to set up seating, a service counter or retail displays however your business needs, and it works for a first location or an added one. Great visibility, high traffic and flexible use make this the ideal place for your business, and spaces like this on Howard don’t sit empty for long. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

70,659

Households

24,631

Median income

$83,500

Median age

44.5

Daytime population

67,426

5-yr growth

3.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1501 HOWARD Unit# 103A, Windsor.

NDA required
  • 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.